US-Iran Conflict Drives Crude Oil Futures to Six-Week Highs
Crude oil futures are holding onto gains at six-week highs on Tuesday amid concerns that the US-Iran conflict will drag on through the winter months.
The market is consolidating, with prices steady in anticipation of ongoing disruptions to global crude flows.
Fears of prolonged conflict have driven up prices, and traders expect the situation to remain volatile until a resolution is reached.