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Oil Climbs on Report of US Carrier Deployment to Middle East

Oil prices extended early gains as the Pentagon reportedly deployed a third aircraft carrier to the Middle East and added as many as 10,000 American troops to the region.

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Oil prices extended earlier gains after the Wall Street Journal reported the Pentagon has deployed a third aircraft carrier to the Middle East, with as many as 10,000 American troops added to the region. 31 a barrel on Thursday.