Oil prices rise on Iran prospects
Oil prices rose by about 1%, reaching their highest levels in a week, amid ongoing tensions related to the war with Iran. Tehran is reviewing an American proposal to halt the conflict, while the U.S. President has confirmed that negotiations are continuing. The situation in the Strait of Hormuz remains tense, leading to significant disruptions in global oil flows and a price increase of over 50% since the start of the crisis.
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