Oil gains 2% as new US strikes dampen peace deal hopes
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Oil prices have risen, with some reports indicating a gain of over 2%, as new US strikes have dampened hopes for a peace deal, although it is unclear which region or conflict is being affected. The strikes appear to have increased tensions, lifting oil prices and potentially stoking inflation fears, while also impacting other markets, including gold and stocks. The specific details of the strikes and their impact on peace talks remain unclear, with some reports referencing US-Iran tensions and others mentioning the Russia-Ukraine conflict.
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