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Oil Prices Jump 2% on Geopolitical Risks and Tightening Supply

Oil Prices Jump 2% on Geopolitical Risks and Tightening Supply

Oil prices have gained 2% in today’s trading session, primarily driven by escalating geopolitical tensions in the Middle East and compounding supply concerns. The surge is a stark reminder of the oil market’s sensitivity to geopolitical risk and the fragile balance between supply and demand. Find more oil prices from around the world here The Middle East, a critical linchpin in global oil production, has been experiencing heightened volatility. Recent events, ranging from military escalations to political instability, have ignited fears of potential…

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