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Oil prices ease as Iran and Israel pause attacks; Brent, WTI retreat from recent highs
The Times of India
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Oil prices dipped Tuesday as Iran and Israel paused attacks, easing immediate supply disruption fears.
This followed a sharp rise on Monday amid renewed Middle East tensions.
Despite the de-escalation, concerns linger over the Strait of Hormuz and Houthi actions impacting Red Sea shipping.
OPEC+ agreed to boost output, but analysts doubt its effectiveness due to production struggles. ...
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