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Oil supported by supply risks and Iran tensions

European diesel prices surged after IEA members accelerated previously announced oil stock releases, prioritising diesel amid tight markets and Iran-related disruptions.

Original · FXStreet AI summary of public reporting

Why: Iran tensions and tight markets → accelerated IEA diesel releases support oil

BRENTOIL
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Prices since publication

At publication → Current
BRENTOIL103.19 → 102.02−1.1%
CL91.53 → 90.91−0.7%
XLE64.17 → 65.12+1.5%
Oil supported by supply risks and Iran tensions | SignalHub