Saturday, 22 August 2026
Oil futures ended the week higher with no progress made toward resolving the U.S.-Iran conflict, and the U.S. planning to tighten the economic squeeze on Iran rather than renew major military action.
Headline and excerpt published by WSJ Markets. The full article is on their site.
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Read the full story at WSJ MarketsGeopolitical tension in the Middle East reduces near-term supply risk and supports crude oil prices, benefiting energy producers and pressuring airlines and refiner margins.
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