Oil and gas prices surge
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By Robert Harvey and Georgina McCartney LONDON/HOUSTON, March 19 (Reuters) - If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a record price for it. Surging oil prices in physical markets - the trading place for oil on ships,
Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital Strait of Hormuz still largely shut.