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Oil price target $300 after 13 blasts shake Dubai area, Tony Katz claims

Oil price target $300 after 13 blasts shake Dubai area, Tony Katz claims
Oil price surge risk after blasts

Oil prices could be pushed up to $300 a barrel due to a series of attacks near Dubai, according to Tony Katz. Katz reported experiencing 13 blasts, with his villa's windows shaking and clouds of smoke observed over DWC airport.

He noted that while it is positive that authorities are intercepting some attacks, the overall impact on the energy market remains significant. Katz's firsthand account underscores the volatility and risk in current oil markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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