Oil prices decline but stay near their highest level in a month
Oil prices have declined, but they are on track to achieve weekly gains, as Iran's exports through the Strait of Hormuz reach their highest level since the start of the war. Meanwhile, gold prices dropped by more than 1% amid rising oil prices and concerns over the potential closure of the Strait of Hormuz. Hostilities in Gaza continue, with bombings and explosions resulting in the martyrdom of 7 civilians, including the Jabalya police chief, and injuries among others, including a journalist.
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