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Oil Prices Set for Weekly Gain as War Premium Jumps ...Middle East
Crude oil prices extended their gains today and were set to end the week higher after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a Ukrainian attack with U.S. and British ATACMS missiles on Russian territory. There were fears that Russia would escalate to using nuclear weapons, especially after President Vladimir Putin this week reiterated the changes in Russia’s…
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