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Market Impact: 0.55
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices traded lower on Friday but remained on track for a sharp weekly gain as escalating U.S.-Iran tensions raised concerns over prolonged disruption to global energy supplies. The geopolitical risk premium could support crude prices and increase volatility across energy markets.
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