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ANZ Raises Oil Price Forecast as Iran War Tightens Market

ANZ Group Holdings Ltd. says oil-market balances are now more fragile than at the start of the Middle East conflict, with any flareup after the US midterm elections expected to push prices higher.

Original · Bloomberg AI summary of public reporting

Why: Iran war tightens oil market → higher prices

BRENTOIL

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At publication → Current
BRENTOIL112.97 → 112.37−0.5%
CL104.04 → 103.37−0.6%
ANZ Raises Oil Price Forecast as Iran War Tightens Market | SignalHub