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in the Persian Gulf

Oil Returns to Prewar Levels as the Market Bets on Restored Flows from the Gulf

On Thursday, the international benchmark Brent fell by about 1.8% to around $72.40 a barrel. That put it below the $72.48 mark recorded in late February, on the eve of the US and Israeli strikes on Iran.

gold

Central Banks Turn Back to Gold as Demand May Support the Market After Price Pullback

According to Bloomberg, this demand remains one of the key forces that has supported gold’s historic rally in recent years.