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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Oil prices edged higher early Wednesday, recovering some losses from the previous session. Investors are currently assessing the potential end of the war in Iran and the reopening of the Strait of Hormuz. However, analyses indicate that global energy markets have undergone a fundamental shift that will not revert to previous norms even after an Iranian cease-fire deal.