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Middle East Tensions Spark Global Oil Market Volatility

The Strait of Hormuz Tightens Its Grip Recent tit for tat strikes between the US and Iran in the Strait of Hormuz have sent shockwaves through the global oil market, causing prices to surge.

Behind this volatile scene lies a more profound shift: a gradual escalation of tensions that threatens to redefine the fragile balance of power in the Middle East.

The Israeli army's order for residents of Deir Zahrani in southern Lebanon to evacuate a specific zone ahead of strikes against Iran backed Hezbollah is a stark reminder of growing instability in the region.

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