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Brent crude hits a six-month high of $116.13, while WTI climbs to $102.56.
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Trump hints at fresh strikes on Iran, while Tehran says its military is ready for war.
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Houthi attacks kill four people in Saudi Arabia, forcing Aramco to evacuate its headquarters.
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US stocks tumble on AI fears, with the Nasdaq falling 5% and the 10-year Treasury yield below 5%.
