Markets within the Middle East and Asia Pacific (Apac) are on watch as the worth of a barrel of crude oil and West Texas Intermediate (WTI) oil has surged above $100 which is about to place stress on inflation and slowdown the worldwide financial system. WTI has jumped 18% to above $108 a barrel, whereas Brent has added 16% to $107. US oil costs started the 12 months under $60 a barrel.
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