Oil Prices Increases As Israel-Iran Conflict Deepens

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Naijanews April 19, 2024 7:11 a.m.

Oil Prices Increases As Israel-Iran Conflict Deepens

This surge in oil prices reflects the market’s sensitivity to geopolitical events in the Middle East, a critical hub for global oil production and export.

The strike, which targeted strategic locations in Iran, has intensified fears of a potential full-scale conflict in the region, prompting a swift reaction in global oil markets..

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