Brent crude approaches $95 with US-Iran talks stalled
Oil prices remain stable at high levels near $95 per barrel, amid ongoing geopolitical tensions related to US-Iran negotiations that are facing obstacles, raising concerns about global oil supplies. The market expects that continued political deadlock will put further upward pressure on prices, especially with declining inventories in the United States and heightened tensions in the Strait of Hormuz, one of the most critical strategic transit routes for oil shipments.
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