In the context of global oil prices, "Brent crude oil" is frequently referred to in the news. What does this term imply?

1. It is a major classification of crude oil.

2. It is sourced from the North Sea.

3. It does not contain sulfur.

Which of the statements given above is/are correct?

1
2 only
2
1 and 2 only
3
1 and 3 only
4
1, 2 and 3

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