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2 months ago
Iran, OPEC+, Venezuela key to oil prices: McGuire
Summary
Oil prices have cooled after easing Iran war fears, but experts warn risks remain. From the Strait of Hormuz to OPEC+ supply signals and Venezuelas output potential, geopolitics will continue to drive crude markets. Heres what it means for oil prices, consumers and global energy markets in 2026, explains warns Peter McGuire, CEO of Australia-Trading.com