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Oil prices have risen 38% in the past year — Here's what may be next

The global benchmark Brent crude futures popped on Monday, briefly moving above $70 a barrel for the first time in more than a year. The surge in oil prices came after Saudi Arabia said its oil facilities were targeted by missiles and drones on Sunday. A Houthi military spokesman claimed responsibility for the attacks. CNBC's Brian Sullivan reports.
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Mon, Mar 8 20218:10 AM EST