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Oil Prices Rise on Middle East Supply Worries

Wall Street Journal US Business •
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Brent crude futures rose to $107.59 but stayed below Monday's intraday peak as supply risks in the Middle East mounted. The shutdown of Saudi Arabia's East-West Pipeline has disrupted key oil flows, while recent Houthi territorial gains in Yemen have heightened geopolitical tensions. These factors continue to fuel concerns about regional supply stability and potential disruptions to global energy markets.