Home Iraqi News Oil maintains its gains as geopolitical tensions persist.

Oil maintains its gains as geopolitical tensions persist.

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Oil prices stayed relatively stable Wednesday as markets continued to weigh supply concerns and geopolitical tensions.

Brent crude traded around $100 per barrel, while West Texas Intermediate (WTI) hovered near $95, with only modest moves during trading.

Prices have remained elevated as traders keep watching risks tied to possible supply disruptions, especially in the Middle East.

Analysts say occasional profit-taking has created some pressure, but broader supply concerns are helping keep oil prices supported.