Oil dips on Iran-US strike concerns
Oil prices rose due to renewed tensions between the United States and Iran, amid uncertainty about the future of talks between the two sides. Meanwhile, shipping activity in the Gulf remained steady despite concerns over escalating tensions. At the same time, Iran sought to strengthen its presence in the Strait of Hormuz after confirming its control over it. In addition, Israel targeted Gaza, resulting in the death of six martyrs and injuries to others, as military escalation in the region continues.
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