💨 Abstract

Oil prices increased on Thursday due to increased fuel demand resulting from a hurricane in Florida and Middle East supply concerns. Hurricane Milton caused fuel shortages in Florida, while the potential for conflict with Iran also supported prices. However, prices have eased since Iran's missile attacks on Israel earlier in October. Investors remain wary due to Israeli threats against Iran, but demand concerns continue to underpin the market. The U.S.

Courtesy: theprint.in

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