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energy prices

Global crude oil prices jumped over 3% amid escalating tensions in West Asia, with Brent nearing a 52-week high as supply concerns intensify.

Oil prices rise over 4% with Brent near $104 and WTI at $92 as supply fears persist despite Trump pausing Iran strikes and signalling talks.

Global oil prices fell after reports the IEA may release emergency crude reserves to stabilise markets as tensions between the US and Iran disrupt supply.