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Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions
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Commodities: Oil Rebounds On Renewed U.S.-Iran Tensions

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Summary

  • Oil prices recovered in early Friday trading amid renewed US-Iran tensions.
  • US natural gas prices rose after storage increased by just 63bcf, undershooting market expectations and the five‑year average.
  • Gold edged higher as signs of renewed buying interest emerged, supported by ongoing central bank demand and persistent geopolitical risks in the Middle East.
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