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Oil Prices Stay Above $90 Amid Hormuz Tensions and Disruptions
Oil prices remain above $90 per barrel as tensions in the Strait of Hormuz disrupt shipping routes. Investors are closely monitoring the US-Iran situation and its impact on the oil market. While Middle East assaults create market volatility, the lack of further escalations helps stabilize prices. Additionally, the UAE's halt on financial transactions with Iran adds to regional tensions, influencing investor sentiment.
βοΈ AI Verdict
"When it comes to oil prices, it's a high-stakes game of supply and demand!"
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File ID: #359656Original Source: Times Of India β
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