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سرايا الإخبارية
Oil prices climb on Strait of Hormuz closures
Brent crude oil prices rose significantly in futures contracts, increasing by 3.58% to reach $106.77 per barrel. The trading volume amounted to 373,283 contracts. This marks a monthly increase of 17.93% and an annual rise of 54.05% compared to last year. This surge comes amid ongoing geopolitical tensions in the region and their impact on global energy supplies, with strong indications of buying activity in the markets based on technical analysis.
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