WTI Oil picks up above $101.00 as Middle East tensions remain high
Oil is regaining some of the ground lost in previous days on Tuesday as hopes of a peace deal in the Middle East fade, while attacks on vessels attempting to cross the Strait of Hormuz continue.
Original · FXStreet AI summary of public reporting
Why: Middle East tensions rise → oil supply risk up
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At publication → CurrentCL102.36 → 101.89−0.5%
BRENTOIL111.30 → 110.94−0.3%