💨 Abstract
On Tuesday, oil prices surged approximately 4% due to reports of an impending Iranian missile attack on Israel. The escalating conflict in the Middle East raised concerns of a broader conflagration involving both Iran and the U.S. However, the oil market was previously trading down near a two-week low due to increased supplies and tepid global demand growth. The OPEC+ producer group is scheduled to meet on Oct.
Courtesy: theprint.in
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