Rising Tensions in the Middle East Send Oil Prices Soaring ...Middle East

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Rising Tensions in the Middle East Send Oil Prices Soaring
source : Devdiscourse ( Middle East ) () 38
On Monday, oil prices surged, marking significant monthly gains amid heightened tensions in the Middle East. Brent crude closed at $112.78 a barrel, while U.S. crude settled above $100 for the first time since 2022, following expanded conflicts involving Yemeni Houthis and concerns over crucial shipping routes.

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