Oil rises 7% amid Middle East tensions
Oil pricesrose by approximately 10%, reaching around $90 per barrel, amid escalating tensions between the United States and Iran and intensified military operations in the Middle East, including mutual strikes in the Strait of Hormuz. Markets were also impacted by the dollar's decline near its weekly highs, while military escalations and violations continued in the Palestinian sector, resulting in martyrs and injuries, along with the death of Japanese UN activist Kozu Okamoto.
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