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๐Ÿ“ˆ Business

Oil edges lower as traders bet Persian Gulf shipments will recover after US-Iran strikes

Oil prices edged lower despite renewed US strikes against Iran, as traders assessed the limited scope of hostilities and bet that energy shipments through the Persian Gulf would resume their recent recovery. Energy Vista founder Leslie Palti-Guzman commented on the outlook for energy amid rising Middle East tensions. Markets appear to be pricing in a contained conflict scenario.

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