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Market Impact: 0.58
Oil rises as risks of prolonged Mideast conflict heighten supply worries
Source: reuters.com
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices extended gains Tuesday as Iran threatened retaliation against any additional U.S. attacks on its assets. The prospect of a prolonged Middle East conflict raised the risk of oil-supply disruption, supporting crude prices but increasing broader energy-market and geopolitical risk.
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