Oil markets hold steady as Iran strikes spark only a modest price uptick
TL;DR Summary
Oil prices have risen since Iran-related strikes but haven’t surged to the feared highs, with Brent around $81/bbl after brief spikes. Analysts say risk is lagging and a move to $100/bbl could occur if Hormuz transit remains disrupted, yet past crises often didn’t produce lasting supply losses, prompting investors to remain cautiously reassured as energy infrastructure disruptions unfold.
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- What you should expect to pay for gas as the war with Iran continues CNN
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