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Oil Markets after US-Iran MOU. Relief amid Uncertainty
Oil markets steadied after the US-Iran MOU eased immediate fears over the Strait of Hormuz, but uncertainty remains high. Brent crude stayed range-bound as traders weighed tanker movements, Iran’s future potential maritime fee plans, regional tensions involving Israel, and rising shipping and insurance costs.
This episode breaks down why prices still have a firm floor, how OPEC’s 2026 outlook changes the bigger picture, and why India, China, and Gulf producers are moving to boost energy security and find alternative supply routes.
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