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Lebanese Forces
Lebanese Forces on Oil and Gold Rise
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Global oil and gold prices rose following renewed military tensions between the United States and Iran, which increased supply risks and helped support gold prices amid a weak dollar and declining expectations of a U.S. interest rate hike. Oil prices increased by 1.1%, with Brent crude reaching approximately $96.70 per barrel, the highest level in six weeks, before easing slightly at settlement. Gold prices also rose due to uncertainties in the financial markets.
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