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Market Impact: 0.25

Oil little changed on uncertainty over U.S.-Iran peace deal

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials

Oil was little changed, but downside pressure on the near-term peace outlook increased after Hezbollah rejected a new ceasefire in Lebanon, reducing hopes for an end to the U.S.-Israeli war with Iran. The article signals continued geopolitical risk support for crude prices rather than a clear easing of supply disruption concerns.

Analysis

Oil was little changed, but downside pressure on the near-term peace outlook increased after Hezbollah rejected a new ceasefire in Lebanon, reducing hopes for an end to the U.S.-Israeli war with Iran. The article signals continued geopolitical risk support for crude prices rather than a clear easing of supply disruption concerns.

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mildly negative

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