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Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumbles

Oil prices initially jumped by over 3% in early Asian trade on Monday as fears of a major and extended supply disruption were stoked by continued attacks in the Middle East and the postponement of a…

  • Oil prices surged over 3% at start of Asian trading Monday
  • Attacks in Middle East and postponed Gulf-Iran meeting fuel concerns
  • Houthis strike Saudi base, threaten Red Sea waterway

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