Rodrigo Santos Andrade share

Market Talk: Oil’s new ‘$85 floor’ locked in for 2026

visibility comment0 event March 31, 2026 timer 09:28

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Oil prices whipsawed as traders weighed President Trump’s potential Iran exit against the crippling supply shock of a blocked Strait of Hormuz, but Muyu Xu from Kpler told Reuters this is just a ‘buying time’ tactic.

#News #Markets #Energy #Oil #Iran #US #Business #Reuters #Newsfeed

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