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Oil steadies after Friday's jump; Middle East, Ukraine flare-ups dim crude flow prospects
Brent crude traded below $110 a barrel after hitting the milestone for the first time since May on Friday, while West Texas Intermediate (WTI) was near $101 and European natural gas jumped as much as 2%. In the Middle East, a Saudi helicopter crashed near the border with Yemen, Houthi rebels targeted Yanbu (a crucial export hub), and UK maritime operations reported two tankers being hit in the Persian Gulf.
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