Crude oil prices rebound amid fresh Middle East tensions, supply disruption concerns

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Brent crude rose 0.58% to $105.38 a barrel, while US West Texas Intermediate gained 0.73% to $97.17. The development revived concerns over potential supply disruptions and heightened geopolitical risks, particularly around the Strait of Hormuz, which handles roughly one-fifth of global crude oil and natural gas flows

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