Ongoing Middle East issues sustain oil above $95
Oil prices remain above $95 a barrel amid Middle East tensions, with Brent crude reaching $95.24 and West Texas Intermediate at $92.94. Despite declines in the previous session, the market is experiencing its first weekly gain in three weeks due to regional conflicts and concerns over declining global inventories, amid stalled peace talks between the United States and Iran and ongoing tensions across the Hormuz Strait.
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