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flag Oil prices spiked amid Middle East tensions between Iran and Israel, but markets stabilized as diplomacy eased fears.

flag Global markets, including Wall Street, reacted to heightened tensions in the Middle East as fears of war between Iran and Israel caused oil prices to briefly surge. flag The spike was driven by concerns over potential disruptions to oil supplies, though markets stabilized later in the day as diplomatic efforts eased tensions. flag The situation remains fluid, with investors closely monitoring developments.

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