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Oil Import Reduction Strategy Discussed by Analysts

OIL PRICES SPIKE AS IRAN CONFLICT ESCALATES Brent crude has surged to $93 per barrel after Iranian drone strikes hit Saudi Aramco facilities and the war enters its second week. Analysts warn of major supply disruptions and higher energy costs worldwide if the conflict

INTEL: Saudi Arabia warns Iran that further strikes on its territory or energy sector could trigger retaliation.

🪙US APPROVES MAJOR VENEZUELAN GOLD DEAL The United States has issued a license allowing transactions with Venezuela’s state gold mining company Minerven. This follows US Interior Secretary Doug Burgum’s visit and paves the way for American companies to invest heavily in