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Oil Prices and Middle East News

Oil prices dipped and hovered around $78.50 on Tuesday, challenging market confidence and support for potential gains. Traders are largely disregarding the risks associated with the two major headlines from Monday and today. One pertains to the funeral of the Iranian President, who died in a helicopter crash, and the other involves the International Criminal Court issuing an arrest warrant for Israeli leader Benjamin Netanyahu and the country's defense minister on war crimes charges.

Dr. Kamaran Qader Yaqub, Financial Consultant at Investment Spot company. 

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