Brent crude hits five-month high above $117 on Middle East tensions
Published 8 h ago8 sourcesEvidence: Reported
The dollar opened lower at $3,178.69, down $12.78 from the TRM, while Brent oil rose 2.7% over two days amid strong attacks in the Middle East. The currency move likely reflects risk-off flows, but the oil price increase is directly tied to conflict escalation. Uncertainty remains over the scope of attacks and potential supply disruptions.
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Published 8 h ago8 sourcesEvidence: Reported
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