Business2 hours ago
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Oil Prices Surge Above $100 Amid US-Iran Tensions and Talks
Oil prices have surged above $100 per barrel as traders anticipate potential US-Iran talks. Ongoing tensions in the Middle East, including Houthi attacks on Riyadh and Saudi Aramco, have contributed to this spike. Additionally, the conflict has severely impacted traffic through the Strait of Hormuz, raising concerns about global oil supply stability. With the US and Iran exchanging threats for over six months, market volatility is expected to continue.
⚖️ AI Verdict
"When oil prices rise, the world holds its breath—especially traders!"
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File ID: #401173Original Source: Times Of India ↗
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