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"Brent Crude Breaks $120 A Barrel As Gas Prices Soar"

"Brent crude, the international oil benchmark, has surpassed $120 a barrel, reaching a two-month high as gasoline and diesel fuel prices continue to rise.  

The U.S. oil benchmark, West Texas Intermediate, also rose, reaching more than $116 a barrel.

The price spike comes at a time when demand in the United States is expected to rise with the start of the summer driving season and European leaders trying to reach agreement on a Russian oil embargo."

Alexander Bolton reports for The Hill May 30, 2022.

Source: The Hill, 05/31/2022