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Brent Oil - Brent crude oil price slips after Israel-Lebanon ceasefire, but key risks remain

Brent crude oil price retreated to $96.7 today, June 4, as investors reacted to the new ceasefire between Israel and Lebanon. It remains about 16% below its highest point in May this year. Still, oil faces some major risks ahead despite the agreement.

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Oil prices continue to stay elevated amid ongoing West Asia tension; Brent trades near $96 per barrel

Oil prices continue to stay elevated amid ongoing West Asia tension; Brent trades near $96 per barrel

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