Oil Middle East Map – LONDON (Reuters) -Oil jumped over 2% on Tuesday to the highest in almost a month, supported by Middle East strife and investor optimism that the U.S. Federal Reserve would soon start cutting interest . Oil prices were edging lower, with trading muted through the festive period. Brent crude was down 0.2% to $80.71 a barrel while WTI was down 0.3% to $75.31 a barrel. Major shipping firms including .
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Oil Middle East Map Middle East oil and gas. | Library of Congress: Oil prices were little changed as investors focused on tensions in the Middle East and buoyed by expectations the Fed would cut interest rates next year. . “The lack of oil supply disruptions is offsetting the support to prices from ongoing geopolitical tensions in the Middle East,” said UBS analyst Giovanni Staunovo, adding that trade was thin and in a .