Oil Gains on Middle East Supply Risks
Oil prices rose for the second consecutive session due to concerns over Middle Eastern supplies and an assessment of export strength from the region, despite previous declines in prices as these concerns eased. The risks of conflict in the Middle East have intensified along the Gaza route, amid reports of Israeli shelling that resulted in five deaths and injuries to others, as well as undisclosed details about the impact of "Beaia" and the massacre of women in Gaza.
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