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الوطن
Oil prices rise to $110
Oil prices increased significantly in October, with Brent crude approaching $110 a barrel—up 52% from pre-war levels in February—driven by mounting tensions in the Middle East, attacks on energy facilities, reports of potential reductions in oil supplies through the Strait of Hormuz, and concerns over declining oil and diesel shipments from Russia. After a period of price decline, geopolitical risks and supply shortages reignited upward pressure on prices, as worries persisted about prolonged disruptions to supply.
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