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"Oil Prices Surge as Tankers Warned to Avoid Red Sea Amid US and UK Strikes"

1 min read
Source: Financial Times
TL;DR

Oil prices surged after tankers were warned to avoid the Red Sea following US and UK strikes on sites in Syria and Iraq used by Iran-backed militia groups. The warning heightened concerns about potential supply disruptions in the region, leading to a spike in oil prices.

Topics:businessenergygeopolitics#energygeopolitics#oil#red-sea#tankers#uk#us
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  1. Oil jumps after tankers warned to avoid Red Sea following US and UK strikes  Financial Times
  2. Latest Oil Market News and Analysis for Jan. 12  Bloomberg
  3. Oil Markets Are Relaxed About World Events: Trafigura  Bloomberg Television
  4. Oil Prices Forecast: Middle East Strife, China Demand Woes Impact Crude  FX Empire
  5. Oil prices up 2.5% after US, Britain strike Houthi targets  Reuters

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