*Walter Bloomberg|Jan 13, 2026 14:14
CRUDE FUTURES RISE ON IRAN SUPPLY RISK
Crude oil futures climbed as markets priced in higher geopolitical risk tied to tensions in Iran and U.S. tariff threats. President Trump announced a 25 percent tariff on any country doing business with Iran, raising fears of supply disruptions from the major oil producer and lifting risk premiums on Brent and WTI prices. Rising short-covering by speculators and broader uncertainty over Middle East supply have also supported the gains.(*Walter Bloomberg)
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