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Crude nears $120 as W Asia risks collide with Fed rate decision: Analysts
Crude oil prices are heading into another volatile week, with escalating geopolitical tensions in West Asia keeping supply fears alive and the US Federal Reserve's monetary policy decision expected to dictate market direction, analysts said. With Brent crude already crossing USD 117 per barrel, investors will track developments around the Strait of Hormuz, threats to energy infrastructure, and weekly US inventory data for cues on the next move. The American Petroleum Institute and the US Energy…
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