IllustrativeOil prices stabilise after renewed US-Iran strikes rock peace hopes
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Oil prices have stabilized after recent US-Iran strikes, although the impact on prices is unclear as some reports indicate a rise in oil prices while others suggest a continued slide. The strikes have raised tensions between the US and Iran, with incidents reported in the Strait of Hormuz, including a hit on a Qatari tanker, and strikes in Bahrain. The situation remains uncertain, with some expressing hopes for peace and others warning of potential renewed combat.
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