Reuters
03 Sept 2026, 00:46 UTC · 1h ago
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Renewed military strikes between the U.S. and Iran risk disrupting Middle East oil supplies. — Geopolitical instability in a primary oil-producing region typically triggers price spikes due to supply disruption fears.
+0.60Oil prices edged lower on Thursday. — A slight decrease in spot prices indicates current market hesitation or offsetting factors despite the geopolitical tension.
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