Oil hits six-week high
Oil prices rose significantly, by about 2%, reaching their highest level in over six weeks, due to escalating tensions in the region. The United States carried out a new round of strikes on Iranian sites following threats from President Trump, while the Houthi group targeted ships in the Red Sea, resulting in fires and maritime tensions. Brent crude surpassed $96 per barrel, and West Texas Intermediate reached $88.36, amid concerns that the escalation may continue and impact the global oil markets.
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