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Oil prices extend gains as US-Iran war deadlock keeps supply off market

Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials

Oil prices extended gains as talks to end the U.S.-Israeli war against Iran deadlocked, keeping supply from the Middle East at risk of remaining constrained for longer. The article implies continued upward pressure on crude from geopolitical risk and potential supply disruption. This is market-moving for energy and broader commodities, with implications for inflation-sensitive assets.

Analysis

Oil prices extended gains as talks to end the U.S.-Israeli war against Iran deadlocked, keeping supply from the Middle East at risk of remaining constrained for longer. The article implies continued upward pressure on crude from geopolitical risk and potential supply disruption. This is market-moving for energy and broader commodities, with implications for inflation-sensitive assets.

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