Oil Prices Rebound as Middle East Supply Fears Return

OilPrice.com · Irina Slav ·

Oil prices recover from four-week lows as analysts warn that Persian Gulf oil exports remain constrained despite hopes of a diplomatic resolution to the Iran war.

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Crude oil prices, which fell to their lowest in four weeks, staged a rebound earlier today, as traders shifted their attention from the U.S. midterms to the Middle East, awaiting the next step in the war.

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