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Oil prices near pre-war levels — but persistent supply risks could spark a rebound, analysts warn

Europe News 29 June 2026, 14:46 UTC 29 Jun 2026

Oil prices near pre-war levels — but persistent supply risks could spark a rebound, analysts warn — Europe News

Commodity strategists warn that Iranian leverage in the Strait of Hormuz will continue to weigh on oil markets and shipping costs.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Europe News →

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