Oil Prices Edge Higher Amidst Easing Geopolitical Concerns

After a brief dip, oil prices regained some ground on Tuesday, influenced by geopolitical developments in the Middle East. Both US West Texas Intermediate and Brent crude futures saw marginal increases as investors reassessed the supply risks associated with the region. Although hostilities between Israel and Iran had no immediate impact on oil supply, analysts cautioned that the evolving geopolitical landscape remained a key factor influencing prices.

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