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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

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.

Topics:businessworld#geopolitical-risk#iran-nuclear-talks#middle-east-tensions#oil-prices#us-military-deployment#world
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  1. Oil prices surge on fears of escalation in the Middle East  Financial Times
  2. Oil prices rise more than 4% on US-China trade deal, worries about Iran supply  CNBC
  3. Oil Futures Soar on Raft of Supportive News  WSJ
  4. Optimism Returns to Oil Markets  Crude Oil Prices Today | OilPrice.com
  5. Oil prices jumps 4% to 2-month high as tensions rise in Middle East  Reuters

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