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Oil Prices Surge Amid US-Iran Attacks, Despite Ceasefire Talks

Oil Prices Surge Amid US-Iran Attacks, Despite Ceasefire Talks

Oil prices have risen sharply following renewed attacks between the U.S. and Iran, despite ongoing ceasefire negotiations. The military actions, including U.S. strikes on Iranian targets and an Iranian attack on a U.S. airbase, have shaken investor confidence in a resolution to the Middle East conflict.

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