Oil Prices Surge Amid Escalating Tensions Between Israel and Iran ...Middle East

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Oil Prices Surge Amid Escalating Tensions Between Israel and Iran
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Oil prices surged over 7% on Friday as geopolitical tensions soared following widespread Israeli strikes on Iran. This escalation, met with Iranian retaliation, fueled concerns over disruptions in the global oil supply chain. As a result, Brent crude futures spiked to $74.46 a barrel, reaching their highest point since January.

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