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U.S. Strikes Iranian Tankers, Iran Attacks Jordan, Oil Surges Past $100

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Hostilities between the U.S. and Iran continued to escalate on Tuesday night, as the U.S. destroyed five Iranian oil tankers, and Iran retaliated by attacking numerous civilian vessels and launching missiles at U.S. forces in Jordan. The benchmark price of oil rose above $100 per barrel for the first time since July amid the escalation.

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