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VB Desk, International

VB Desk, International
Oil prices rise again in global markets amid uncertainty over ceasefire
Oil prices rise again in global markets amid uncertainty over ceasefire

Oil prices rise again in global markets amid uncertainty over ceasefire

Crude oil prices have once again risen in global markets as prospects for an end to the ongoing conflict in the Middle East and a potential agreement have weakened. Concerns over global supply have also grown due to disruptions in ship movements through the strategic Strait of Hormuz. As a result, Brent crude prices surpassed $91 per barrel on Tuesday, August 18.

Myanmar formally recognizes 309,000 Rohingya as residents of Rakhine
Myanmar formally recognizes 309,000 Rohingya as residents of Rakhine

Myanmar formally recognizes 309,000 Rohingya as residents of Rakhine

For the first time, Myanmar has officially recognized approximately 309,000 Rohingya refugees sheltered in Bangladesh as former residents of Rakhine State. The Myanmar Ministry of Foreign Affairs stated that these verified individuals will be repatriated once the security situation in Rakhine improves.

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