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Oil posts biggest weekly gain since July as Middle East tensions flare

IranIsrael
First seen: Sep 4, 2026, 3:46 AM UTCUpdated: Sep 4, 2026, 6:46 AM UTC

Oil prices are on track for their largest weekly increase since July amid heightened tensions in the Middle East.

A sustained oil-price rise could increase fuel costs and add inflationary pressure across economies.

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