The tensions in the Middle East have been escalating significantly in the past week. And that is seeing the situation involving Israel and Hamas moving into unprecedented territory. In response, the geopolitical uncertainty finally caught up with markets yesterday.Oil had a standout day in particular, with WTI crude rising by over 4%. That helped to see price erase the entirety of losses since the start of last week, holding near $78.50 now. In a similar move, Brent crude also jumped up by nearly 4% to settle at $81.30.It may not look like much on the charts but it is something to be wary about in case things in the Middle East continue down this path.The situation certainly didn't play much
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