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Oil reaches four-week high as Brent hits $86
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Oil reaches four-week high as Brent hits $86

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Brent crude rose US$2.74, or 3.29%, to US$86.04, while West Texas Intermediate crude gained US$2.21, or 2.83%, to US$80.35 as renewed U.S.-Iran attacks threatened Strait of Hormuz energy flows.