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Brent crude holds above $80 as geopolitical tensions continue to drive inflation concerns
Global oil markets are moving faster than physical supply conditions, leaving inflation risks elevated despite signs of easing tensions in the Middle East.
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Rising oil prices spark inflation concerns as Middle East conflict intensifies
Brent crude climbed to $86.65 a barrel on Tuesday as renewed conflict between the US and Iran heightened fears of supply disruptions and inflation.
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Brent crude holds above $80 as geopolitical tensions continue to drive inflation concerns
Global oil markets are moving faster than physical supply conditions, leaving inflation risks elevated despite signs of easing tensions in the Middle East.