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Oil was up on Tuesday morning in Asia amid tight supplies. But leaders of the Group of Seven (G7) nations vowed to add pressure to Russia while lowering energy prices.
Brent oil futures rose 1.21% to $112.32 by 11:13 PM ET (3:13 AM GMT) and crude oil WTI futures rose 1.20% to $110.89. Oil prices stayed above $100 a barrel as crude and oil product supplies remained tight after the West posed sanctions on Russian oil.
