Oil rebounds as Iran keeps uranium at home, signaling longer supply risk

1 min read
Source: CNBC
Oil rebounds as Iran keeps uranium at home, signaling longer supply risk
Photo: CNBC
TL;DR

Oil prices rebounded as markets weighed Iran’s directive to keep near-weapons-grade uranium inside the country and ongoing supply disruptions through the Strait of Hormuz, with the IEA warning of a potential red zone as demand climbs.

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