Oil prices rise 1% on fears of escalating Middle East conflict

Oil prices rise 1% on fears of escalating Middle East conflict

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An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023/File Photo Acquire Licensing Rights LONDON, Oct 27 (Reuters) - Oil prices rose around 1% a barrel on Friday as investors priced in fears of an escalation of conflict…

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