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4/19/2024

Oil Prices Spike as Middle East Conflict Reignites Supply Fears

Escalating hostilities between Israel and Iran have injected a new wave of supply disruption fears into global oil markets, sending crude prices surging to multi-month highs. The flareup threatens to further tighten supplies at a time when producers already appear maxed out, setting the stage for another potential energy price shock.

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3 min read
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4/19/2024

Oil Prices Spike as Middle East Conflict Reignites Supply Fears

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