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Middle East Conflict Fears Drive Oil Prices Above $80 per Barrel
Fears of renewed conflict in the Middle East have led to a sharp increase in oil prices. On the anniversary of the October 7 attack on Israel, significant price hikes were seen in the London oil market. On Monday, the price of Brent North Sea oil rose by 2.6%, reaching $80.10 per barrel.
NEPSE trading
·8 Oct, 2024