Brent crude climbs sharply, crosses $103 mark in Thursday trading

Global oil markets moved higher on Thursday, with June Brent crude futures recording a strong gain during the session. Prices increased by over $3 per barrel, pushing Brent close to the $102–103 range.

The upward movement reflects continued volatility in the energy market, driven by supply concerns and ongoing geopolitical tensions. Traders remain cautious as uncertainties around global supply routes and production continue to influence price direction.

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