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Oil Prices Rise 1%, Iran Crisis Disrupts Middle East Supply

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By Arathy Somasekhar , Himani Sarkar, Trixe Yap
| GuruTrade
Geopolitical factors remain near-term key driver, analyst says U.S. crude stocks up 5.6 million barrels last week, sources say March 4 (Reuters) - Oil prices rose 1% on Wednesday ​as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from ‌past sessions after President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz.
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