Boiling point? Brent crude touches five week high, here’s what analysts expect next for oil markets

23 July 2026 - 14:34
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Oil prices are climbing as geopolitical tensions between the US and Iran intensify. Analysts expect crude prices to remain within a specific range for now. Current market prices do not indicate a major structural disruption to global oil supplies. Investors are also closely monitoring upcoming crude oil inventory data. This data could influence near-term price direction for the commodity.

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