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Oil futures rose on Wednesday as tensions escalated between Saudi Arabia and Iran-backed Houthis, with Brent up 1.24% to $107.02 a barrel and U.S. WTI up 1.18% to $95.25.

Oct 13, 2026 - 22:00
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Oil futures rose on Wednesday as tensions escalated between Saudi Arabia and Iran-backed Houthis, with Brent up 1.24% to $107.02 a barrel and U.S. WTI up 1.18% to $95.25.

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