As Oil price spike continues, Trump indicates possible end to conflict; Iran to allow friendly vessels through Hormuz

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New York [US], March 21 (ANI): With the West Asia Conflict poised to enter a fourth week, the pressure on Energy Prices is only escalating. CNN reported that Oil and natural gas prices were volatile on Thursday. Brent crude, the global oil benchmark, rose 1.18% to settle at $108.65 per barrel, its highest settle so far during the Iran war and its highest closing level since July 2022. In Europe, benchmark natural gas prices surged just over 13% on the day, having soared 25% at one point, and have now nearly doubled since the war began on February 28. The…

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