Oil jumps 7.15% on Middle East tensions
Oil prices rose by 7.15% after Trump's threats to respond to an attempted attack targeting U.S. forces in the Middle East, sparking fears of potential disruptions to energy supplies. Brent crude reached $90.10 per barrel, and WTI was at $84.29, amid warnings of production and infrastructure outages in the Middle East. There are also expectations of tighter monetary policy from the Federal Reserve.
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