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Oil prices slightly increased on Monday.
On Monday, oil prices slightly increased following a decline the previous week.
The rise came after the US government announced plans to conduct further military strikes in the Middle East against Iran-backed groups.
Additionally, Ukrainian drones have struck Russia's largest refinery, escalating tensions in the region.
Brent crude futures rose 0.5% to $77.69 per barrel, while U.S. West Texas Intermediate futures increased 0.4% to $72.53 per barrel.
15 months ago
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