Oil Prices Rebound Amid Hormuz Tensions: Unpacking Global Supply Fears
Global oil prices saw a modest rebound after a recent dip, driven by persistent supply fears stemming from geopolitical tensions in the Strait of Hormuz. Despite a pause in military action, market concerns over shipping risks continue to fuel volatility.
Oil Prices Retreat to One-Week Low Amid Easing US-Iran Tensions and Resumed Caspian Flows
Global oil prices dipped to a one-week low, driven by renewed hopes of a US-Iran diplomatic breakthrough easing supply concerns and the resumption of Caspian Pipeline loadings. Despite these positive shifts, geopolitical risks in the Middle East continue…