Brent oil prices rebounded but face headwinds from potential US tariffs and concerns about slowing US oil production. Market participants are closely watching global demand, potential US-Iran tensions, and the impact of trade wars on oil prices. Brent crude broke out of its previous range and above the descending trendline but significant resistance lies ahead. […]
The post Brent Oil Market Update: Tariffs, Supply Concerns, and Price Analysis appeared first on Action Forex.
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