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Oil falls as Middle East crude exports rise, G7 to release stocks

Source: The Globe and Mail

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarTrade Policy & Supply Chain

Oil prices fell on Monday as rising Middle East crude exports and a G7 release of oil stocks boosted supply. Those factors outweighed concerns about further damage to Gulf oil infrastructure as the U.S.-Israeli war on Iran continues; the article gives no price-change magnitude.

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