The price of Brent crude briefly climbed past $117 per barrel as Qatar, Saudi Arabia and Kuwait reported more attacks on infrastructure and the U.S. and Iran traded threats. As the price of Brent crude climbed and attacks rattled markets, Treasury Secretary Scott Bessent said the administration may lift restrictions on Iranian oil already loaded onto vessels. Updated March 19, 2026 at 12:37 p.m. EDTtoday at 12:37 p.m. ED... [250 chars]
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