Middle East risks keep Brent above $100
ING analysts note that oil remains supported with ICE Brent trading comfortably above $100/bbl as Middle East tensions and concerns over flows through the Strait of Hormuz sustain a risk premium.
Original · FXStreet AI summary of public reporting
Why: Middle East tensions sustain risk premium
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At publication → CurrentBRENTOIL102.38 → 102.63+0.2%