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Global oil prices shoot up for third consecutive day amid escalating Middle East conflicts

Global oil prices shoot up for third consecutive day amid escalating Middle East conflicts

Oct 03, 2024, at 08:38 pm

New York/IBNS: Escalating tensions between Israel and Iran in the Middle East have driven global crude oil prices upward, and the situation could worsen following Iran's launch of around 180 ballistic missiles at Israel in response to the deaths of Hamas, Hezbollah, and Iranian military leaders.