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Oil prices jump more than US$3 after new strikes on Saudi, Strait of Hormuz

BEIJING: Oil prices rose more than US$3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday (Sep 13). Brent crude futures rose US$3. 62, or 3. 46 per cent, to US$108. 23 per barrel as of 10. 14pm GMT Sunday. WTI futures rose US$3. 15, or 3. 15 per cent, to US$1

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