Oil market focal point could shift towards US-Russia if Gaza deal holds: analysts

Crude prices firm during Thursday trading as market assesses potential of ceasefire deal

Displaced Palestinians gather outside their tents in Deir al-Balah in the central Gaza Strip on Thursday, following the announcement of a ceasefire and hostage release deal between Israel and Hamas to end the 15-month Gaza war. — Displaced Palestinians gather outside their tents in Deir al-Balah in the central Gaza Strip on Thursday, following the announcement of a ceasefire and hostage release deal between Israel and Hamas to end the 15-month Gaza war.Photo: AFP/SCANPIX

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Published 16 January 2025, 12:11Updated 16 January 2025, 16:03

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