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Middle East tensions spark renewed oil price surge

CNBC World reports the renewed U.S. and Iran trade strikes pushed oil prices higher again.

Reported · Written up by our desk · Energy

Renewed tensions in the Middle East are driving another spike in oil prices, according to CNBC World.

The outlet links the move to renewed strikes involving the United States and Iran, which have put Middle East risk back in focus for energy markets.

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Sources

CNBC WorldCNBC Daily Open: Mideast tensions on the boil again as U.S., Iran trade strikes

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