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Global rise in Oil price

Prices for oil and gas have soared in recent months, fuelled by the lifting of lockdowns and the Ukraine war. Rising energy costs are putting pressure on consumers, making it more expensive to heat homes and drive. Oil prices have hit fresh highs after European Union leaders agreed on a plan to block more than two-thirds of Russian oil imports. Brent crude rose above $123 a barrel on Tuesday, the highest it has been for two months. The war in Ukraine has pushed countries in the West to shun Russian energy supplies. Do you think that the war in Ukraine is political ?

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