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Crude Oil Gains As Worries About Supply From The Middle East Mounted.

Crude oil prices saw a marginal increase of 0.16%, settling at 6371, as concerns over Middle East supply disruptions intensified, fueled by ongoing deadly air strikes in Gaza. The bombing of Gaza’s southern border city of Rafah on Thursday contributed to the upward movement in oil prices. Additionally, Russia’s unexpected increase in crude exports in February, driven by a combination of drone attacks and technical outages at its refineries, added to supply-side worries.