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NEW YORK: US crude oil futures rose on Tuesday for the fourth straight day, hitting the highest settlement in nine months, on Iran supply fears and relief that Greece secured a second international debt bailout.
On the New York Mercantile Exchange, crude for March delivery closed at $105.84 a barrel, gaining $2.60 or 2.52 percent. It was the highest settlement since May 4, when front-month NYMEX crude closed at $109.24.
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