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8.1

Brent Holds Above $102 as Iran Nuclear Talks Stall Over Hormuz Conditions

Brent crude remains elevated above $102/bbl despite a dip on peace signals, as Iran nuclear talks stall over conditions related to the Strait of Hormuz. Earlier reports of Saudi restarting its East-West pipeline and increased Hormuz flows had pressured prices below $100. The stall reintroduces supply-side risk premium, keeping benchmarks elevated.

OilPrice.comabout 16 hours agoIR, SA, USengCredibility 52%View source

Score Breakdown

Mosaic Score8.1
Confidence0.5
Significance0.8
Source credibility0.5

Intelligence Tags

#oil#brent#iran#hormuz#supply-risk#nuclear-talks

Locations

Strait of Hormuz

Entities

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Source

Related signals

8 found