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Market Impact: 0.45
Oil Prices Rally Above $100 As US-Iran Conflict Escalates
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices rose on Wednesday as renewed Gulf-region tensions heightened concerns over potential disruptions to global energy supplies. The development is supportive for crude prices and energy producers, while increasing supply-risk exposure for oil-consuming sectors.
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