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The Persian Gulf Conflict and Rising Oil Prices: What's Next?
Amid the conflict in the Persian
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Amid the conflict in the Persian Gulf, the oil market is experiencing significant fluctuations. The economy faces risks in supply and logistics, as well as geopolitical tensions that could substantially impact prices. Let's look at what is happening in the oil market and what it means.Oil Price: How War Affects the MarketOn March 2, 2026, oil prices surged sharply. Brent quotes rose to $82.37 per barrel, which is 13% higher than the previous day. Soon after, prices slightly retraced and
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