Oil Near $100 as Sanctions Relief Fails to Calm Markets

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Source: The New York Times
Oil Near $100 as Sanctions Relief Fails to Calm Markets
Photo: The New York Times
TL;DR Summary

Oil prices rose to around $100 a barrel amid fears of sustained Middle East energy disruption, even after President Trump signaled relief by temporarily lifting sanctions on Russian oil at sea; the move did not reverse the rally, and Asian stocks fell following a weak session on Wall Street.

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