Oil On Track For Steepest Weekly Gain Since Mid-July On US-Iran Tensions
Chinese refiners are now paying record premiums for Russian ESPO crude as the market braces for wider Middle East disruption.
Crude is set for its sharpest weekly gain since mid-July after Israeli Prime Minister Benjamin Netanyahu called toppling Iran's government a 'central mission... within reach,' with the Trump White House reportedly weighing how to use the moment.