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The Economic Times

Global Market Today: Asian shares advance; oil rises on Middle East concerns

Oil United States US Federal Reserve the Middle East Donald Trump Anxiety Inflation

Oil prices climbed as prospects for peace in the Middle East dimmed, reviving concerns that prolonged geopolitical tensions may threaten supplies and keep energy costs elevated.

Global benchmark Brent edged higher to $91.15 a barrel after President Donald Trump said he wasn’t interested in extending the expiring agreement with Iran and fighting flared anew in Lebanon.

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