Oil prices pause gains as Venezuela shipments resume but Iran concerns loom

Core Viewpoint - Oil prices experienced a pause in their upward trend, declining after four consecutive days of increases, primarily due to the resumption of exports from Venezuela and concerns over potential supply disruptions from Iran amid civil unrest [1] Group 1: Oil Price Movements - Oil prices slipped after four days of gains, indicating a temporary halt in the upward momentum [1] - The decline in oil prices is attributed to the resumption of exports from Venezuela, which has implications for global supply [1] Group 2: Supply Concerns - Fears regarding Iranian supply disruptions are heightened due to ongoing civil unrest in the country, which is a significant oil producer [1] - The situation in Iran poses a risk to market stability and could influence future oil price movements [1]