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Oil rebounds after US strikes Iran military site

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarInfrastructure & DefenseFutures & OptionsCommodity Futures

U.S. crude futures rose more than $1 to above $90 a barrel after new U.S. military strikes on an Iranian military site raised supply-risk concerns. The move reflects heightened geopolitical tension while Washington and Tehran continue peace talks. Oil prices are reacting to potential disruption risk in a key producing region, making this a market-wide energy shock.

Analysis

U.S. crude futures rose more than $1 to above $90 a barrel after new U.S. military strikes on an Iranian military site raised supply-risk concerns. The move reflects heightened geopolitical tension while Washington and Tehran continue peace talks. Oil prices are reacting to potential disruption risk in a key producing region, making this a market-wide energy shock.

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