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US Dockworkers Agree to Suspend Strike, Oil Surges After Biden Mideast Comments

Bloomberg Daybreak: Asia Edition

CHAPTER

Geopolitical Tensions and Oil Market Fluctuations

This chapter examines the recent rise in oil prices influenced by geopolitical conflicts, specifically between Israel and Iran. It explores President Biden's comments, market trends, and the potential impact of military disruptions on global oil supply, while also analyzing China's crude oil purchasing dynamics.

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