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Commodities

US Sanctions Push Oil Prices Toward Weekly Surge

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Oil prices are on track to close the week with significant gains as the US attempts to isolate Iran's economy.

The global benchmark Brent traded above $93 a barrel, putting it on pace for a weekly advance of more than 5%.

However, West Texas Intermediate for October edged lower toward $86 a barrel after a five-session run of gains.

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