Brent Crude prices are experiencing volatility due to conflicting factors: increased US crude inventories but decreased fuel supplies, new US sanctions on Iran, and potential US tariffs. The possibility of extending Chevron’s license to operate in Venezuela is being considered. Technically, Brent Crude is trading within a tight range (70.18 – 72.39), with the RSI […]
The post Brent Oil Price Update: Crude Reacts to Iran Sanctions & Potential US Tariffs appeared first on Action Forex.
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