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Oil prices have retreated to their lowest level in over a week amid hopes for de-escalation, which have reignited risk appetite. Meanwhile, Bangladesh bears the burden of rising oil costs and faces price pressure. Russia's economy is also impacted by increased military spending and debt. The global market is experiencing volatility due to geopolitical challenges such as the Gulf crisis and its repercussions on gas projects. In another development, countries like France and China continue to address the effects of rising fuel prices and economic growth.
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