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EnergyCorroboratingMediumDeveloping
6.7

Oil dips on stronger dollar but holds near 4-month high on supply risks

Brent and WTI fell over 1% as the dollar strengthened, but prices remain near four-month highs. Supply risks persist from reported operational problems on Saudi Arabia's East-West pipeline and Tehran's threat to seize ships, keeping the market on edge.

Valor Econômico2 days agoSA, IRCredibility 44%View source

Score Breakdown

Mosaic Score6.7
Confidence0.7
Significance0.5
Source credibility0.4

Intelligence Tags

#oil#brent#wti#supply-risk#saudi-arabia#iran

Locations

East-West pipeline (Saudi Arabia)Strait of Hormuz (implied)Tehran

Entities

countrycountrymarket
Source

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