Economic TimesLean R·
Oil falls as investors focus on potential Iran-US talks in Doha
Oil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile ceasefire. While investors express cautious optimism for de-escalation and a return to normal shipping through the Strait of Hormuz, uncertainty lingers. Middle Eastern producers are actively loading oil and LNG, with analysts predicting a recovery in Gulf flows to pre-war levels soon.
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