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Qeshm Island

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Aerial shot of fuel storage tanks by the Mississippi River in Winona, Minnesota.
FORECASTS2 HOURS AGO
WTI and Brent Rebound as US-Iran Tensions Put Oil Supply Risk Back in Focus
Oil prices recovered after reports of a US strike on Qeshm Island revived concerns about Middle East supply disruptions. Technical traders are watching whether WTI can secure a monthly close above $106 and whether Brent can hold support near $100.