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Oil prices rise over new tensions in the Middle East
Dec. 30, 2019
Source: Reuters

Oil prices rise over new tensions in the Middle East

Oil prices remained high in the international market on Monday, even though the traders expected lower fuel prices. The price of WTI increased by 1% to $61.73. Brent Crude rose 27% in 2019. Tensions in the Middle East escalated on Sunday, as the United States carried out airstrikes in Iraq and Syria. U.S. officials have also warned of “additional actions”.

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