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Oil Prices Steady Amid US-China Ties, Iran War
Published 2 days, 13 hours ago
Description
Oil prices remain stable amid Trump-Xi talks, but Irans war poses a significant risk. Despite a shaky ceasefire, Irans key Kharg Island terminal remains empty, and a US waiver for Indias Russian oil imports expires this weekend. Traders are watching for diplomatic progress, but supplies remain tight until October due to the wars impact on global oil stockpiles.
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