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المشهد العربي
Oil prices climb amid diplomatic setbacks
Global oil prices surged sharply due to diplomatic setbacks, as U.S. President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz. This led to a 4.08% increase in Brent crude to $108.56 per barrel, and a 4.16% rise in WTI (West Texas Intermediate) to $96.25. This development coincided with ongoing Ukrainian military attacks on Russian oil facilities, reflecting escalating geopolitical tensions and their impact on the oil markets.
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