Oil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of supply through the Strait of Hormuz may take longer than anticipated, with analysts noting that the market will likely show restraint until full details emerge.
Oil prices rebounded today due to growing concerns over the lack of details in a preliminary U.S.-Iran peace agreement. Analysts anticipate a longer delay in restoring oil supply through the Strait of Hormuz than initially expected. The market is showing restraint, awaiting…
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