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Oil Prices Drop 5% as Trump Pauses Iran Strike Plans, Analysts Warn Supply Risks Remain
Oil prices fell over 5% after the Trump administration paused plans to intensify strikes on Iran. However, analysts warn that the selloff may be premature, citing ongoing disruptions to shipping through the Strait of Hormuz, Houthi attacks threatening Red Sea routes, and Ukrainian strikes on Russian oil infrastructure, all of which continue to pose significant supply risks.
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Source：X@DeItaone · Source Link
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