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Oil Prices Hit Post-Ceasefire High Amid Gulf Supply Disruption

Oil Prices Hit Post-Ceasefire High Amid Gulf Supply Disruption

Oil prices hit post-ceasefire high as supply disruptions in the Gulf region reduced crude output, marking the strongest price level since the US-Iran ceasefire began and signaling renewed pressure on global energy markets. The increase followed market reports indicating constrained production across key Gulf exporters, where ongoing conflict conditions have affected both extraction and transport infrastructure.

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