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Oil Prices Continue to Rise Amid Concerns Over Middle East Supply Disruptions

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By: admin
1 min read

mesoiraq - Crude oil prices extended gains for a second consecutive session as global markets reacted to persistent concerns over supply line stability in the Middle East.

Brent crude futures rose to $105.91 per barrel, while US West Texas Intermediate advanced to $93.32 per barrel amid heightened freight costs and maritime security considerations.

Energy markets remain closely focused on diplomatic efforts and shipping safety across strategic waterways, which continue to dictate global market direction.