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Natural Gas and Oil Forecast: Iran Sanctions and Hormuz Risks Pressure Energy Trade
Source: fxempire.com
Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsCommodities & Raw Materials
Iran sanctions and tighter Hormuz shipping restrictions are tightening global fuel supply, keeping crude supported as WTI and Brent test key support levels. The U.S. natural gas market remains well supplied, limiting spillover to domestic gas pricing, but the energy complex is at risk of further upward pressure from constrained seaborne oil flows.
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