Oil prices rose in early Asian trade Thursday after fresh U.S. strikes on Iran renewed concerns over supply disruptions in the Middle East.
American military forces launched new strikes on Iran on Wednesday night, according to the U.S. Central Command, hours after President Trump announced the end of an eight-week ceasefire. The strikes, the second round in just 24 hours, pose the strongest threat yet to derail efforts to reach a permanent peace deal between the U.S. and Iran.
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