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Global oil markets reacted sharply to escalating tensions. Prices climbed above $95 a barrel. The rise follows Global oil markets reacted sharply to escalating tensions. Prices climbed above $95 a barrel. The rise follows
heightened war threats in the region. Continued fighting raises concerns over supply. A threatened Red Sea blockade could disrupt shipments. These factors create uncertainty about regional energy flow. Traders anticipate continued
volatility. Markets will watch developments for further price moves.