Oil prices extended a two-day decline as traders closely monitored the results of a tight Israeli election, which is expected to influence the US war with Iran. The outcome could shape regional stability and impact crude supply dynamics.
The outcome of the Israeli election could influence the geopolitical dynamics surrounding the US war with Iran, potentially affecting crude oil supply and prices.
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Oil prices continued their downward trend for a second day, with market participants closely observing the results of a pivotal Israeli election. The outcome of this vote is anticipated to influence the geopolitical landscape, particularly concerning the US war with Iran, and potentially impact crude supply.
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