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Commodities

Middle East Tensions Send Oil Prices Soaring Past $100

Guavy AI Editorial Team
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Oil
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The Middle East is witnessing escalating tensions as fresh attacks on Saudi Arabia and vessels in the Gulf have emerged, heightening concerns over disruptions in global energy supplies.

The actions attributed to Yemen's Houthi forces threaten to exacerbate wartime disruptions and prominently affect oil markets when they reopen.

Global oil prices have surged past $100 due to recent attacks on Saudi Arabian resources.

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