Oil prices gain on Iran supply disruption concerns

Core Viewpoint - Oil prices increased due to heightened concerns regarding Iran and potential supply disruptions, which overshadowed the expected increase in crude supply from Venezuela [1] Group 1 - Oil prices experienced a rise on Tuesday [1] - Concerns surrounding Iran are contributing to market volatility [1] - The prospect of supply disruptions is influencing oil price dynamics [1] Group 2 - Increased crude supply from Venezuela is anticipated but is currently outweighed by geopolitical concerns [1]