Oil Prices Rise as Protests in Iran Escalate

Market Intelligence Analysis

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Why This Matters

Oil prices rose due to concerns over potential supply disruptions from escalating protests in Iran, with WTI and Brent benchmarks trading 0.7% higher.

Market Impact

Market impact analysis based on bearish sentiment with 85% confidence.

Sentiment
Bearish
AI Confidence
85%
Time Horizon
Short Term

Article Context

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Oil prices rose early on Friday as protests in Iran continued to escalate, unnerving market participants that one of the biggest oil producers in the Middle East could see supply threatened. Both the WTI and Brent benchmarks traded about 0.7% higher as of 8:05 a.m. ET, as the market assessed potential risks to supply from the ongoing unrest in Iran. The U.S. benchmark crude futures, WTI, were up by 0.74% to trade at $58.16 per barrel, while the international benchmark, Brent, was up above the $62 per barrel mark, at $62.42, up by 0.71%.…

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Original article published by OilPrice.com on January 9, 2026.
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