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Commodities

FTSE 100 Faces Flat Open Amid Oil Price Surge

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Oil
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The FTSE 100 is expected to open flat on Tuesday after Monday's slight decline of 0.1%, closing at 10,822.13.

Oil prices are a major concern for investors, with Brent crude nearing $100 a barrel due to escalating Middle East tensions and the threat of supply disruptions through the Strait of Hormuz.

Brent crude rose to around $97.49 early Tuesday, and could have significant implications for inflation and monetary policy globally.

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