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Brent: Risk premium sustained as Middle East tensions persist – ING

Reported · Written up by our desk · Major Pairs

ING strategists Warren Patterson and Ewa Manthey note that Oil and ICE Brent prices remain firmly supported around $110/bbl as markets focus on Middle Eastern supply risks. They highlight a significant risk premium driven by geopolitical volatility and record tanker freight rates.

Latest closeBrent $103.93 ▲3.7%

← Newer storyBritish Pound attracts significant bids against Japanese Yen on stron…

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Sources

FXStreetBrent: Risk premium sustained as Middle East tensions persist – ING

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