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The Economic Times

Markets / The Economic Times

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Oil drifts lower as traders weigh supply risks amid U.S.-Iran tensions

On Tuesday, oil prices experienced a minor downturn as traders weigh the impact of potential supply disruptions. Tensions in the Strait of Hormuz, underscored by U.S. navigational advice to ships, contribute to market uncertainty with Iran. This vital shipping route plays a key role in global oil distribution.

10 Feb 2026 7:17 am