Oil edges toward $100 amid renewed attacks on Saudi facilities and Hormuz disruption, with markets bracing for continued volatility even as a fragile ceasefire holds.
Oil prices edged higher after fresh attacks on Saudi energy infrastructure and ongoing concerns about the Strait of Hormuz closing, keeping markets on edge even as a fragile ceasefire between the U.S. and Iran held. Traders priced in supply risks as energy assets in the Gulf faced ongoing
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Oil Near $100 as Iran Tensions Persist Despite Ceasefire
Oil edges toward $100 amid renewed attacks on Saudi facilities and Hormuz disruption, with markets bracing for continued volatility even as a fragile ceasefire holds.Oil prices edged higher after fresh attacks on Saudi energy infrastructure and ongoing concerns about the Strait of Hormuz closing, keeping markets on edge even as a fragile ceasefire between the U.S. and Iran held. Traders priced in supply risks as energy assets in the Gulf faced ongoing ... Read full article.