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Macro Finance

Latest Oil Market News and Analysis for Oct. 2

Bloomberg Markets·October 1, 2026·1 min read

Oil rose a third day on signs the conflict in the Middle East is escalating, threatening to hamper a recovery in energy flows from the region. Crude prices extended gains as traders weighed supply risks from the ongoing hostilities. The advance reflects concerns about potential disruptions to key shipping routes and production infrastructure.

Read at Bloomberg Markets
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