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

Middle East tensions boost oil prices

Oil prices have hit a five-month record due to geopolitical tensions in the Middle East. Brent crude has surged on reports of escalating conflicts, while more oil is now flowing 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 conflicts on oil production.

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