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The Nexus
BUSINESSJul 23 · 14:34 UTCCBC NEWS

Oil tops $100 US per barrel, as Tesla and Alphabet drag stocks lower

Oil prices have surpassed $100 per barrel for the first time since late May, causing stocks to decline as companies with significant fuel expenses, such as Tesla and Alphabet, face concerns over higher costs.

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Oil tops $100 US per barrel, as Tesla and Alphabet drag stocks lower · The Nexus