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Dubai Crude Prices Drop Sharply as Iran-US De-escalation Eases Market Fears

Global oil markets witnessed a significant correction as Dubai Crude prices fell close to $110 per barrel following easing tensions between the United States and Iran. The decline reflects a shift in market sentiment after weeks of heightened geopolitical uncertainty. Dubai crude dropped to around $113 per barrel, marking a steep fall of nearly $29 […]

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International Oil Prices Rebound After France Seizes Russian Tanker

Global oil prices rose sharply on Friday following the seizure of a Russian oil tanker by French authorities in the Mediterranean Sea, intensifying supply concerns in the international energy market. The captured vessel, reportedly transporting crude from Russia, prompted immediate market reactions, with traders factoring in potential disruptions to global oil flows. Analysts say the […]