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Commodities

Oil Prices Rise Amid US-Iran Tensions

Guavy AI Editorial Team
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Oil
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Oil prices have risen slightly as markets await possible US-Iran talks. This comes amid regional tension and warnings from Iran that the US should not engage in new strikes.

The rise in oil prices is a result of investors awaiting news on potential negotiations between the two countries, which could impact global supply and demand. Iran has warned the US against new military actions, stating that it would be a 'disaster' for regional stability.

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