Bookmark Business Oil Prices Rise Amid Middle East Escalation and U.S. Rate Cut Expectations by Olawunmi Sola-Otegbade August 26, 2024 by Olawunmi Sola-Otegbade August 26, 2024 Oil Prices Rise Amid Middle East Escalation and U.S. Rate Cut Expectations Event: Oil prices increased by about 1% due to escalating tensions in the Middle East and anticipation of …