Oil markets stabilize after volatile week as traders assess Trump's Persian Gulf strategy. Crude prices steadied at the start of the new trading week despite persistent concerns about disruptions to oil flows from the region. The market faced significant volatility last week, driven by growing apprehension over ongoing supply interruptions and the expiration of ICE Brent June 2026 contracts on Thursday. Meanwhile, jet fuel inventories across Europe continue to tighten considerably, reflecting broader disruptions affecting refined product flows originating from the Middle East. These supply chain pressures underscore the delicate balance in global energy markets as geopolitical developments and policy decisions shape commodity price movements and investor sentiment.
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