Brent crude remained above $100 a barrel today as uncertainty over reopening the Strait of Hormuz offset recovering Saudi oil exports. Brent rose 0.31% to $102.90, while WTI slipped 0.1% to $89.28. Hormuz remains crucial for global oil markets, with flows averaging 13.2 million barrels daily, or 77% of pre-war levels, amid ongoing US-Iran tensions.
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Brent Crude Near $103 As Oil Market Weighs Risks
