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WTI Rises Above $104, Brent Holds Over $108 After Sharp Intraday Swings
WTI crude rose more than 2.00% intraday to $104.22 per barrel, while Brent crude held above $108 per barrel. Brent was up 0.43% after earlier falling more than 2%. Israeli media reported that the U.S. Operation Hormuz would begin within hours.