S04 Ep13 Energy Market Update: Brent rallies on renewed geopolitical tensions

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Brent crude has firmed this morning, approaching $64/b as a series of geopolitical risks, from rising U.S.–Venezuela tensions to attacks on Russian oil infrastructure, push a risk premium back into the market and reverse last week’s optimism around Ukraine peace talks.

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1 Dec 2025 English South Africa Business

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