Oil Markets Tremble as U.S.–Iran Tensions Cast a Shadow Over Fragile Diplomacy
Global oil prices slipped on Tuesday as rising tensions between the United States and Iran cast a shadow over the fragile diplomatic efforts expected to unfold in Islamabad. The market reacted cautiously to the U.S. seizure of an Iranian cargo vessel, a move that deepened uncertainty ahead of a critical ceasefire deadline and sent a ripple of anxiety through the world’s energy corridors.
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