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energyHIGHIR2026-05-05 10:00 UTC

The Commodities Feed: Middle East re-escalation pushes oil prices higher

Energy – Tensions re-emerge in the Middle East We are seeing the first signs of the ceasefire between the US and Iran breaking down amid a re-escalation in the Persian Gulf. ICE Brent rallied 5.8% yesterday to settle above $114/bbl. The US struck a number of Iranian boats. There are claims that Iran

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