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عين ليبيا
Oil nears $110 amid market shifts
Oil prices have risen to their highest level since May, with Brent crude approaching $110 per barrel amid escalating tensions in the Middle East and the potential for increased attacks on energy infrastructure in Saudi Arabia and Iran. This has fueled concerns over disruptions to global oil supplies. Additionally, West Texas Intermediate futures have climbed to levels not seen since September, as worries grow about supply stability due to attacks near the Strait of Hormuz and escalating tensions between Iran and the United States. Expectations suggest that risks and geopolitical factors could continue to push prices higher, especially given declining inventories and the lack of a comprehensive agreement to de-escalate tensions in the region.
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