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Oil Hits $105 as Iran Shows No Signs of Backing Down
Source: youtube.com
Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsInflation
Brent crude rose above $105 per barrel as escalating Middle East tensions intensified concerns over global oil supplies. U.S. gasoline prices reached a record over the Labor Day weekend, increasing inflation and consumer-spending risks. Sustained supply disruption fears could pressure energy-sensitive sectors and complicate the inflation outlook.
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