Oil prices surged amid events in the Middle East.
Bloomberg reports.
Oil rose to the highest level since the beginning of this month and trades at prices above $ 86 per barrel.
It is noted that the consequences for the markets will be determined by whether the Israeli-Palestinian conflict will spread to the rest of the Middle East region.
On 8 October, the military-political cabinet of Israel approved the introduction of “paragraph 40” of the Basic Law, which means a formal declaration of war.
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