Oil Price Rises as Middle East Tensions Rise

Oil Price Rises as Middle East Tensions Rise

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Oil prices were rising on mounting concerns over global supply as tensions in the Middle East continue to grow. Brent crude was up 0.9% at $78.98 a barrel, while WTI was 1.2% higher at $73.57 a barrel. Explosions at a ceremony in Iran to commemorate the death of military commander Qassem Soleimani…

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