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Oil extends gains as Middle East conflict risks lift supply worries

Oil prices extended gains Tuesday as risks of a prolonged Middle East conflict grew after Iran threatened to retaliate against any new U.S. attacks. Brent crude futures climbed 34 cents, or 0.35%, to $97.34 a barrel.

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S. attacks on its assets, raising concerns about supply disruption. Brent crude futures ICEEUR:BRN1! 34 a barrel by…