Brent crude is approaching the $100 mark! RBC warns: War has entered a dangerous stage, and oil prices may break the historical peak of $146 from 2008.
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Brent crude is rapidly approaching the $100 per barrel mark, as the escalating turmoil in the Middle East is pushing the global energy market to its most dangerous edge in decades.
On Thursday, Brent crude futures rose nearly 5% in a single day, reaching $98.70 per barrel during trading.