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Russia Emerges As The Biggest Winner In Middle East War

OilPrice · Alex Kimani · last updated
Oil markets continue to experience heightened volatility as the Middle East conflict escalates, with oil prices trending north on Wednesday, shortly after U.S. President Donald Trump signaled that the war in the Middle East is nearly complete. In remarks made a couple of days ago, Trump described the conflict as a “short-term excursion” that is ahead of schedule and is nearing its final phase. At 3.55 p.m. ET on Wednesday, Brent crude for April delivery was up over 5% to trade at $92.21 per barrel, while the corresponding WTI crude contract was…