Brent surges 4% above $113/bbl on supply risks
ING strategists note that ICE Brent surged 4% to just above $113/bbl as markets focus on supply risks from geopolitical tensions rather than current fundamentals.
Original · FXStreet AI summary of public reporting
Why: Geopolitical supply risks → Brent surges 4%
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At publication → CurrentBRENTOIL109.38 → 109.71+0.3%