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Crude Oil Skyrockets Amid Rising Supply Concerns Due To Dual Middle East Tensions

Source: Nasdaq

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials

Crude oil prices surged on Friday amid heightened fears of a renewed, intense U.S.-Iran war and the ongoing Houthi-Saudi Arabia conflict. The article says further escalation could halt oil and energy flows from Arab nations, but provides no price figures or specific duration.

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