WTI crude oil (USO) was +1.5% at $101.08 at the time of writing, having passed through $100 for the first time since September, as Egypt teetered on the brink of a coup d'etat. Brent futures were +0.7% at $104.69. While the country isn't an oil producer, it controls the Suez Canal, one of the world's most important shipping lanes. However, some analysts believe the spike in prices is temporary.
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