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LATEST REPORTS
Brent supported above $90/bbl as Iran weighs strikes on military targets in Europe if Trump escalates
Brent trades up to $92/bbl; Iran weighs strikes on US military targets in Europe if war escalates; shipping slows through Strait of Hormuz
Brent Rises as US Prepares to Help Refiners Increase Fuel Output
Brent rises as US seeks higher refinery runs; Asian buyers reroute Saudi crude, while Chinese shippers avoid key chokepoints.
ADNOC Shock
Dubai spreads strengthened, while Brent/Dubai fell amid mixed flows. Trade-house selling may cap gains, but $4 support could hold.
Monday Blues
Dated Brent structure capitulates as the front flips into contango; weakness absorbed by the 24-28 Aug CFD