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Executive Summary:
- Iran Progress Remains in the Balance: After signs of positivity post indirect U.S./Iran talks in Oman on Friday, oil markets are pricing risk back in with a lack of follow up date and fears the scope of talks may be expanded.
- Oil Markets: Crude markets have regained ground this week as the geopolitical risk premium rises with focus on US-Iran talks and India crude diversification.
- Analyst Views: See oil market views and outlooks from key analyst names