Oil tops $103 as Gulf allies weigh joining Iran conflict

1 min read
Source: MarketWatch
Oil tops $103 as Gulf allies weigh joining Iran conflict
Photo: MarketWatch
TL;DR Summary

Oil prices climbed above $103 a barrel after reports that Saudi Arabia and the UAE are considering joining the war against Iran, with tensions in the Persian Gulf and potential disruption to Hormuz shipping contributing to the move.

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