Oil Prices Top $70…

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Oil tanks at an oil pro­cess­ing facil­i­ty of Sau­di Aram­co, a Sau­di Ara­bi­an state-owned oil and gas com­pa­ny, at the Abqaiq oil field.Stanislav Krasil­nikov | TASS via Get­ty Ima­gesIn­ter­na­tion­al bench­mark Brent crude futures popped on Mon­day, mov­ing above $70 a bar­rel for the first time in more than a year.The surge in oil prices came after Sau­di Ara­bia said its oil facil­i­ties were tar­get­ed by mis­siles and drones on Sun­day. A Houthi mil­i­tary spokesman claimed respon­si­bil­i­ty for the attacks.Oil prices climbed more than 2% ear­li­er in the ses­sion, but have since pared their gains with Brent trad­ing up just 0.2% at $69.50 …

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