It was the latest escalation in the Middle East that led to a significant rebound in oil prices. Will the OPEC+ decision boost prices further?
Conflict between Israel and Hamas in Gaza and attacks on tankers by Yemeni Houthis have heightened geopolitical tensions, impacting oil prices.
The expanded OPEC+ cartel is reducing oil production by almost 6 million barrels per day, contributing to the current market balance.
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