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Oil gains as investors weigh Middle East tensions
short by / on Monday, 29 December, 2025
Oil prices rose on Monday as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains in the Russia-Ukraine peace talks. Brent crude futures rose 56 cents, or 0.92%, to $61.20 per barrel at 0236 GMT, while US West Texas Intermediate crude was up 51 cents, or 0.9%, to $57.25.