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Market Impact: 0.3
Oil Set for Weekly Gain as Supply Risks Grow
Source: youtube.com
Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials
Brent oil was headed for a third consecutive weekly gain as attacks on Saudi Arabia raised the risk of wider Middle East supply disruptions. The flareup could widen hostilities around the Strait of Hormuz, where crude exports have recovered to near prewar levels.
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