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    Crude prices surge on fears of escalating Iran conflict

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    Source: Middle East Eye
    Published: 2026-05-11 11:58 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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    Snippet:
    Oil prices rose sharply after US President Donald Trump rejected Iran’s response to Washington’s proposal aimed at ending the war, raising concerns about further escalation in the region.
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