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Brent crude surpasses $90 amid tensions in the Strait of Hormuz

Brent crude prices exceed $90 per barrel.

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The fact

The blockade of the Strait of Hormuz between Iran and the United States fuels market concerns.

This increase could impact energy prices in Europe and the United States.

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Why it matters

Cette hausse des cours pourrait entraîner une augmentation des prix à la pompe pour les consommateurs et peser sur les coûts de production des entreprises dépendantes du pétrole.

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