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Oil Prices Up As U.S. Cancels Iran's Sales License, Launches Strikes

Geopolitics & WarEnergy Markets & PricesSanctions & Export Controls
Oil Prices Up As U.S. Cancels Iran's Sales License, Launches Strikes

Oil prices rose after the U.S. canceled Iran’s license to sell crude and moved toward military strikes, escalating Washington–Tehran tensions. The policy shift adds immediate supply risk and geopolitical premium to crude, likely supporting further price volatility.

Analysis

Oil prices rose after the U.S. canceled Iran’s license to sell crude and moved toward military strikes, escalating Washington–Tehran tensions. The policy shift adds immediate supply risk and geopolitical premium to crude, likely supporting further price volatility.

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