Oil soared to a record above $144 a barrel yesterday in Asia, fueled by concerns over a larger-than-expected drop in U.S. stockpiles and the threat of conflict with Iran. Early afternoon in Singapore, light, sweet crude for August delivery was up 78 cents at $144.35 a barrel in Asian electronic trading on the New York Mercantile Exchange. Earlier in the session, it rose as high as $144.57 a barrel, a record.

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