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Energy markets face major uncertainty due to Iran conflict
Global energy markets are experiencing a state of uncertainty and caution as the conflict in Iran enters its seventh month, disrupting oil supplies and affecting crude prices worldwide. Despite a significant decline in global inventories, the decrease in global demand has helped limit price increases, with Brent nearing $100 per barrel. Meanwhile, gasoline and diesel prices have risen notably. The crisis has also intensified pressures on financial markets, with U.S. Treasury yields exceeding 5%.
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