Market context
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Crude oil prices fell as Iran and Oman discussed creating a temporary navigational corridor in the Strait of Hormuz. Despite market optimism over potential easing of shipping disruptions, analysts ca…
Mixed WTI crude oil prices consolidate below one-month highs, supported by escalating geopolitical tensions (US-Iran, Middle East conflict, Ukraine-Russia) and OPEC+ supply concerns, despite mild pre…
Venezuelan oil output remains limited despite political changes, keeping global oil supplies tight and Brent crude above $60, which may weigh on inflation expectations and affect EURUSD negatively.