Oil Market Resists Price Surge Despite Iran War and Supply Shock, Analyst Says

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Geopolitics

14 August 2026 at 6:24 am

Oil Market Resists Price Surge Despite Iran War and Supply Shock, Analyst Says

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Summary

Despite an ongoing war in Iran causing a significant oil-supply shock, the oil market has defied expectations of high prices, according to Bloomberg Opinion's Javier Blas.

Read the full story on Channel News Asia (CNA)

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