
Geopolitics
Oil Prices Steady at $90 Amid US Sanctions Showdown
Crude oil prices are sticking around $90 a barrel as the US throws some serious sanctions at Iran. Traders are relaxed, having already factored in the geopolitical drama. Qatar and Pakistan are trying to cool things down, but it’s like watching paint dry. As long as tankers can glide through the Strait of Hormuz, prices should stay steady, keeping everyone on their toes.
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