FAO: Food prices hit three-year high
Oil prices rose to their highest monthly gains due to fears of a decline in global oil supplies. The ongoing crises in Gaza, which have resulted in 12 deaths and injuries from ongoing airstrikes, continue to exacerbate the situation. Humanitarian aid remains fragile, limited to a single crossing, worsening the crisis. Additionally, Iraq announced the downing of a drone inside the Umm Qasr port. Gold prices fell after reaching a two-week high, amid continued conflict in Gaza.
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