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world Mercopress 2026-03-31

Oil Tops $114 a Barrel as Iran Conflict Drives Record Monthly Surge

Oil prices have surged 55% in March, reaching a record high of $114 per barrel, driven by ongoing tensions in Iran. This marks the highest level since July 2022. The trend is expected to continue as global demand for oil remains strong.


<p> <img alt="The rally comes as the conflict between the United States, Israel, and Iran enters its fifth week with no clear resolution in sight" height="80" src="https://en.mercopress.com/data/cache/noticias/109635/100x80/oiil.jpg" style="float: left; margin: 0 12px 6px 0; border: 1px solid #333;" width="100" /> Brent crude, the European benchmark, closed Monday at $112.78 per barrel and continued climbing in the futures market past $114, its highest level since July 2022....

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