Crude oil prices jumped more than 5% on Wednesday with Brent oil topping $121 a barrel after Russia warned that a storm in the Black Sea damaged one of the world's biggest oil pipelines, disrupting oil exports from Russia and Kazakhstan with the potential to cut production by a million barrels.
At 19.10 Cyprus time, Brent was up 5.66% at $121.13 a barrel, while US WTI crude was up 5.05% at $114.31 a barrel.
(CNA)
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