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Oil prices dropped by nearly 5%, settling near their lowest levels in two weeks, despite still heading towards weekly gains of about 7% due to increased tensions in the Middle East. In the context of the ongoing events, the sector saw continued Israeli airstrikes, which resulted in the deaths of 7 martyrs and injuries to several others, including the Director of North Gaza Police and the Director of Internal Security in the Middle Area. Clashes and violations by Israeli forces against Palestinians in the Gaza Strip also persist.
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