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الخليج
Oil posts second straight weekly rise
Oil prices continued their rise for the second consecutive week amid escalating geopolitical risks and disruptions in key energy transit routes. Brent crude reached $104.61 per barrel, marking an increase of about 8.6%, while West Texas Intermediate (WTI) gained approximately 9.3%, reaching $99.9. Notably, prices have surpassed $100 for the first time since May, signaling potential risks of energy price hikes fueling inflation, especially as diesel prices in the United States hit record highs.
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