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Mideast Stocks: Saudi extends rally on energy-led gains; Qatar slips
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Shares of the world's largest oil company rose 4.9% during trading on the Saudi stock market amid rising crude prices. Escalating conflict in the Middle East raises concerns about crude flows from a vital global energy region. Qatar's energy minister warned that the price of a barrel of oil could reach $150 if shipping disruptions in the Strait of Hormuz continue. Aramco is diverting some supplies to the Red Sea to bypass the Strait of Hormuz. S…
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