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Oil prices gain on Iran supply disruption concerns
short by / on Tuesday, 13 January, 2026
Oil prices edged higher on Tuesday, as heightened concerns surrounding Iran and potential supply disruptions outweighed the prospect of increased crude supply from Venezuela. Brent futures gained 28 cents, or 0.4%, to $64.15 a barrel by 0101 GMT, hovering near a two-month high struck in the previous session.