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Oil Prices Edge Up Amid Fragile Ceasefire Concerns, Hormuz Restrictions
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Oil Prices Edge Up Amid Fragile Ceasefire Concerns, Hormuz Restrictions

By rawfin.tv Markets Desk||1 min read|AI-assisted Β· Methodology

Crude oil prices saw a modest increase, though remaining below $100 per barrel, as traders reacted to concerns over a fragile ceasefire. Continued restrictions on shipping traffic through the Strait of Hormuz are contributing to market caution.

Oil PricesCommoditiesGeopoliticsStrait of HormuzMarket Volatility

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