Oil Prices Hit Two-Month High Amid Middle East Tensions and Market Optimism

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Source: Financial Times
Oil Prices Hit Two-Month High Amid Middle East Tensions and Market Optimism
Photo: Financial Times
TL;DR Summary

Oil prices surged over 5% due to escalating tensions in the Middle East, with the US authorizing the departure of military dependants amid fears of conflict, as diplomatic efforts with Iran face uncertainty and regional instability increases.

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