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Brent Crude Rises Above $103 Amid Supply Concerns

Abu Dhabi:Oil prices rose on Monday, with Brent crude futures gaining 81 cents, or 0.79 percent, to $103.06 a barrel by 2202 GMT.

According to Emirates News Agency, US West Texas Intermediate (WTI) crude futures also climbed 46 cents, or 0.50 percent, to $91.57 a barrel.

The price increase was supported by renewed concerns over potential disruptions to Middle East oil supplies.

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