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المشهد العربي
Oil Prices Rise Amid Ongoing Military Tensions in the Strait of Hormuz
Oil prices have risen significantly due to escalating military tensions between the United States and Iran in the Strait of Hormuz. Brent crude reached $78.49 per barrel, an increase of $2.48, while West Texas Intermediate (WTI) climbed to $73.84, up by $2.43. This surge comes amid reduced shipping activity through the strait and an increased risk premium.
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