Oil climbs, intensifying unrest in Iran spark supply concerns
Reuters·2026-01-12 00:19
Core Viewpoint - Oil prices are rising due to concerns over potential supply disruptions from Iran amid escalating protests, despite efforts to restore oil exports from Venezuela [1] Group 1 - Oil prices extended gains on Monday, indicating a bullish trend in the market [1] - The intensifying protests in Iran are raising fears of supply disruptions from this OPEC producer [1] - Efforts to quickly resume oil exports from Venezuela are ongoing, but the impact on overall supply remains uncertain [1]