Oil prices dipped as markets weighed potential US-Iran talks in Doha against ongoing regional instability. Despite recent missile exchanges and attacks on ships, crude shipments through the Strait of Hormuz have seen an uptick. Investors are cautiously optimistic about diplomatic efforts, though tangible signs of de-escalation remain elusive. Analysts suggest Gulf oil flows are steadily recovering, potentially returning to pre-conflict levels soon. Oil prices dipped as markets weighed potential US-Iran talks in Doha against ongoing regional instability. Despite recent missile exchanges and attacks on ships, crude shipments through the Strait of Hormuz have seen an uptick. Investors are cautiously optimistic about diplomatic efforts, though tangible signs of de-escalation remain elusive. Analysts suggest Gulf oil flows are steadily recovering, potentially returning to pre-conflict levels soon.
