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Al Jazeera: Brent futures rose 1.1% to $92.53 early Wednesday as markets weigh prospects of war with Iran
According to Al Jazeera, Brent crude futures rose 1.1% to $92.53 a barrel on Wednesday morning, rebounding from a two-month low in the previous session. The report attributed the volatility to market expectations of an easing in the US-Israel-Iran conflict and concerns over the risk of attacks on shipping in the Strait of Hormuz; this does not confirm that the conflict has eased or that the US and Iran have engaged in negotiations.
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