Oil Prices Expected to Continue Rising Next Week Amid Trump-Iran Tensions
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Oil prices are expected to continue climbing at the start of next week, analysts warn, as markets react to escalating tensions between the United States and Iran. Energy experts point to threats issued by President-elect Donald Trump toward Iran and the Iranian government's subsequent response as the primary drivers behind the anticipated price increases. The geopolitical tensions in the Middle East, a critical oil-producing region, have created market uncertainty that typically pushes crude prices higher as traders factor in potential supply disruption risks.