Oil flows are up as Iran war turmoil eases. Why do prices keep rising?

According to the report, global oil supply has rebounded as tensions related to the conflict in Iran appear to be de-escalating. Despite this increase in available flows, Brent crude prices have continued to climb significantly. The publication notes that current prices are more than 60 percent higher than they were before the war began, raising questions about why the market remains elevated even as the immediate turmoil subsides and supply conditions improve.

Source: Al Jazeera

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