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Ongoing tensions between Iran and Israel are causing fluctuations in oil prices and raising recession concerns globally.
Oil prices have risen over 7% following military strikes by Israel on Iran, igniting fears of supply disruptions.
Oil prices fell sharply due to President Trump's tariffs and increased OPEC output, igniting recession fears and reshaping the energy market.
Oil prices rise as markets react to China's recovery plans; traders remain watchful over geopolitical risks and upcoming economic data.
The Dunkelflaute weather phenomenon is disrupting Europe's energy markets and spotlighting challenges of transitioning to renewables.
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