Commodities

Brent Oil Futures Hit $90 a Barrel for First Time Since October

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Brent crude climbed above $90 a barrel for the first time since October, extending a rally driven by OPEC+ production cuts, strong demand and heightened geopolitical risks.

The global benchmark rose as much as 1%. Futures have jumped this week as tensions escalated in the Middle East, with Iran vowing revenge on Israel for an airstrike on its embassy in Syria that killed a top military commander.