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Brent crude oil closed above $100 per barrel for the first time since 2022, driven by Middle East tensions and disruptions in the Strait of Hormuz, according to Le Figaro. The sharp increase is being characterized by analysts as a significant economic shock, with potential implications for global inflation and energy costs. In response, European nations are coordinating an unprecedented 400-million-barrel release from strategic petroleum reserves, though experts warn this measure will provide on