Oil Holds Gain as Traders Brace for Fresh Attacks in Middle East

Crude oil prices are maintaining recent gains as market participants anticipate further geopolitical instability and potential supply disruptions in the Middle East. This ongoing tension is driving a risk premium, suggesting investors are pricing in a higher likelihood of oil flow interruptions. Traders will be closely monitoring regional developments and official statements for any escalation or de-escalation that could impact global supply chains and energy costs.