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Horn of Africa Tensions Stir Oil and Gold

Red Sea shipping risks and proxy conflicts across the region are driving oil down to $90.90 and gold up to $4,202 amid growing regional tensions.

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  • Bloomberg.comHorn of Africa Slides Toward a Corridor of War
  • Bloomberg.comProxy Wars Threaten to Engulf Horn of Africa
“Give it time. Shipping trouble shows up at your gas pump and your delivery fees eventually, and I'll be here saying I warned you.”
Dale Bearman, BBN
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