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Oil prices steady as Venezuela exports resume, Iran risks linger
short by / on Wednesday, 14 January, 2026
Oil prices paused their run of gains on Wednesday, slipping after four days of increases, as Venezuela resumed exports, but fears of Iranian supply disruptions following deadly civil unrest in the major Middle Eastern producer loom over the market. Brent slipped 9 cents to $65.38 a barrel while WTI fell 12 cents to $61.03 in early trade.