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Oil tops $100 as Iran war exchanges and U.S.-Canada trade bans escalate

Oil prices surpassed $100 per barrel after fresh back-and-forth exchanges in the Iran war. U.S. bans on some Canadian imports mark the latest volley in the escalating trade row.

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Tit for tat is the mood of the moment, with oil prices moving above $100 per barrel for the first time since July after fresh back-and-forth exchanges in the Iran war. S. bans on some Canadian imports were described as the latest volley in the widening trade row.