Oil gains on storm and strike threats
Oil prices rose for two consecutive sessions due to concerns over the impact of the escalating conflict in the Middle East on oil supplies. A report from ENOC confirmed that securing oil shipments increased by between 5% and 6% as a result of the war between Iran and Israel. Gaza also experienced Israeli bombardments that resulted in the deaths of three people, including a child, and targeted a vehicle, leading to a massacre of women. Meanwhile, the details of the "women's massacre" remain under investigation.
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