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Middle East tensions drive oil prices up more than 5 percent

Brent crude oil from the North Sea surged more than 5 percent amid renewed geopolitical tensions in the Middle East.

Published 16sem1 sourceImportant
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The fact

This spike reflects market concerns about energy supply risks and regional instability.

Prices remain volatile given security challenges and international sanctions affecting major producers.

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Auto-synthesis from 1 media source · identified on June 1, 2026
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