Oil rises as investors remain wary US-Iran ceasefire will open supply flow
Oil prices climbed on Thursday. Investors worry about Middle East supply. A ceasefire between the U.S. and Iran faces doubts. The Strait of Hormuz remains restricted. This vital waterway connects major oil producers to global markets. Shippers need more clarity before resuming transit. Regional oil facilities also face threats. Attacks continue across the Middle East.
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