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S04 Ep17 Energy Market Update: Iran-related volatility drives oil higher

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Oil markets were volatile last week as tensions around Iran pushed Brent close to $67/b before easing back below $64/b after fears of imminent U.S. military action subsided. While the immediate risk premium has faded, prices remain elevated compared with earlier this year, reflecting ongoing concerns over potential disruptions to sanctioned crude flows.

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19 Jan English South Africa Business

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