Oil climbs 4% to over a month high
Oil prices rose by 3% amid escalating tensions in the Middle East, with ongoing strikes by the US and Iran. Despite this, oil prices stayed near their highest levels since the start of the war, with Iran's export records through the Strait of Hormuz reaching their highest point since the beginning of the oil conflict. At the same time, the dollar strengthened, reaching its highest level in 13 months.
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