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Anadolu Agencyaa.com.tr

Oil prices rise above $80 again over canceled US-Iran talks, Israeli attacks on Lebanon (opens original article in a new tab)

TL;DR

Oil prices rose above $80 again due to canceled US-Iran talks and Israeli attacks on Lebanon, though improved Hormuz shipping conditions limited gains.

  • Oil prices rose above $80 due to canceled US-Iran talks and Israeli attacks on Lebanon.
  • Hormuz shipping conditions improved, limiting price gains.
  • Geopolitical risks remain high despite improved shipping conditions.
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