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Commodities

Oil Prices Fall for First Time This Week Amid Ongoing Middle East Tensions

Guavy AI Editorial Team
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Oil
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Oil prices fell for the first time in a week on Friday, even as heavy fighting in the Middle East threatened to slow global oil flows.

The S&P 500 rose 0.4%, but the index is still on track for its second consecutive losing week since March.

Crude oil prices have been rising due to tensions in the Middle East, but Friday's decline could be a sign that markets are becoming less concerned about supply disruptions.

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