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Line chart showing Brent crude oil completing a three week price round trip to 79.16 dollars.

Brent crude rose 4.1% Monday to $79.16 a barrel after a fourth wave of US strikes against Iran, met by Iranian retaliation against Bahrain, Kuwait, and Jordan at once, the first time this conflict has hit three US regional partners together. The move completes a three week round trip: Brent stood near the same level on June 22, fell to roughly 71 dollars in early July, and has now returned to Monday's price. Oil output remains 9.4 million barrels a day below pre war levels, per the International Energy Agency.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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