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Oil Prices Fall as Demand Forecasts Weaken Amid Gulf Conflict
Oil Prices Fall as Demand Forecasts Weaken Amid Gulf Conflict
Oil prices have fallen as weaker demand forecasts offset concerns over disruptions linked to the Gulf conflict.
Analysts said expectations of slower global demand have put downward pressure on crude prices despite ongoing regional tensions.
The decline comes as markets continue to monitor developments in the Gulf and their potential impact on energy supplies.
Traders remain cautious amid uncertainty over shipping routes, production levels, and the wider economic effects of the conflict.