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The news reports that Omani oil prices are expected to rise to $100 per barrel due to ongoing regional tensions, which pose a threat to global economic growth. Oman recorded a 12.7% increase in the money supply by the end of May, amid continued regional tensions and their impact on the oil market. The meeting between the Sultan and the French President also discussed regional developments and efforts to contain escalation, as American strikes on Iran increase and raise risks to the markets.
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