Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.
Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.
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Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.
