Oil prices increased following positive trade negotiations news between the U.S. and Japan, but geopolitical factors such as the Ukraine war and sanctions maintain market tension.
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oil prices
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Oil prices declined amid U.S. tariff threats, despite strong gasoline demand in the U.S. and signs of stable global consumption.
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U.S. strikes on Iran’s nuclear infrastructure may trigger a surge in oil prices, heighten geopolitical instability, and increase market volatility.
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Global oil prices rose after OPEC+ announced a gradual easing of production restrictions, influencing investor sentiment.