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Oil prices rose again on Tuesday, reaching their highest levels in August, amid escalating tensions over negotiations to reopen the Strait of Hormuz between Washington and Tehran. The response of U.S. President Donald Trump, who demanded Iranian compensation for casualties in wars and incidents, diminished hopes for a quick agreement, adding a new obstacle to the negotiations. In the markets, tension regarding the Middle East and uncertainty about American inflation remained unclear, as investors awaited the inflation data scheduled for Wednesday, which will determine the future course of interest rates.
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