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Market Talk: Can oil survive six more months of war?

visibility comment0 event August 28, 2026 timer 09:42

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The Iran war has settled into a costly stalemate, with oil traders weighing stalled diplomatic talks against a tentative recovery in crude flows through the Strait of Hormuz. Aldo Spanjer from BNP Paribas warns prices could hit $140 a barrel if the conflict drags on for another six months.

#News #Reuters #Newsfeed #IranWar #Markets #Oil #Energy

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