Oil edges up as Iran-Israel pause keeps markets cautious
TL;DR Summary
Oil prices rose modestly in early trading after Iran and Israel paused attacks following a U.S. appeal, with Brent around $94.38 a barrel and WTI about $91.41. Gains came off a high driven by renewed strikes and Lebanon tensions, but traders remain wary that the pause may not last as geopolitical risk persists and supply risk surrounding the Strait of Hormuz remains a key factor.
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