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Crude oil prices (BZ=F, CL=F) are drawing attention as geopolitical tensions impact the market. Middle East conflicts are escalating following the assassination of prominent Hamas leader Ismail Haniyeh in Iran, causing oil prices to rise during Wednesday's trading session.
Yahoo Finance reporter Ines Ferré breaks down this development and its implications for the global oil market, also examining patterns in gold futures (GC=F).
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This post was written by Angel Smith