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Global Oil Markets on Edge as Middle East Tensions Push Prices Higher

TOKYO: Global oil prices rose on Wednesday following attacks on two vessels in the Strait of Hormuz, as escalating tensions in the Middle East heightened concerns over the security of oil supplies. Reports that Iran has adopted new tactics against vessels have added to uncertainty in global energy markets. Brent crude futures rose by 63 The post Global Oil Markets on Edge as Middle East Tensions Push Prices Higher appeared first on MM News.

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