Oil reaches three-week peak amid supply worries
Gold prices rose to their highest level in seven weeks amid expectations of increased demand and worsening global market conditions. Oil prices also approached a six-week peak due to growing doubts about the U.S.-Iranian agreement, coupled with concerns over a cyber breach targeting water facilities and infrastructure in the United States. Meanwhile, oil prices jumped to a three-week high amid fears of supply shortages, as the market moves toward greater short-term stability.
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