WTI and Brent Crude Surge Over 1% on Iran Tensions, Hit $107.68 and $107.52 Respectively

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WTI crude oil and Brent crude each surged over 1 USD intraday on May 19, reaching $107.68 per barrel and $107.52 per barrel respectively. The moves came amid reports of explosions near Iran's Qeshm Island, raising concerns over regional energy security.
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