Oil Jumps 4 Percent as Gas Hits Record & Stocks Soar

Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets soared and on fears supplies would tighten if the European Union bans Russian oil.Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets soared and on fears supplies would tighten if the European Union bans Russian oil.

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