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Crude Oil nears key resistance amid Iran-Israel tensions: Analyst
short by / on Wednesday, 18 June, 2025
Crude oil futures show bullish momentum above ₹6,430, says analyst Financial Sarthis, with resistance at ₹6,718-₹6,800. Support lies at ₹6,335-₹6,390. The outlook comes as Brent and WTI dipped slightly amid Iran-Israel tensions and Fed rate uncertainty. Analysts warn of rising supply risks if geopolitical conflict escalates further.
read more at Stocktwits