Oil prices jump to five-month high as attacks threaten global supply - The Guardian

Oil market reacts to Middle East conflicts

Oil prices have surged to a five-month peak due to geopolitical tensions in the Middle East. Brent crude has surged on reports of rising tensions, while more oil is now pouring from the Persian Gulf than before the Iran war. These events have increased concerns over global supply. The Guardian, Reuters, and the Wall Street Journal have reported on the rising prices and the impact of the Middle East tensions on oil production.

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