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Oil Supply Disruption

All articles tagged with #oil supply disruption

Oil Prices Surge Amid Middle East Tensions and Geopolitical Strikes

Originally Published 7 months ago — by CNBC

Oil prices surged over 11% following Israel's targeted airstrikes against Iran's nuclear and missile sites, raising fears of retaliation and potential disruptions to Middle Eastern oil supplies amid escalating tensions.

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US reduces Middle East presence amid escalating Iran tensions

Originally Published 7 months ago — by Reuters

Oil prices declined after earlier gains as markets assessed US military movements in the Middle East amid ongoing US-Iran nuclear talks, with tensions raising concerns over potential supply disruptions, though analysts suggest the recent price surge may have been overdone pending further clarity.

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