Oil prices steadied on Thursday as the US threatened an indefinite blockade of Iran. This was reported by Qazaqyia.kz citing Reuters.
The US administration is considering imposing a naval blockade on Iran to intensify economic pressure. This threat has created tension in the global oil market, but analysts say the market has reacted calmly.
The stabilization of oil prices comes amid OPEC+ plans to increase production and weak global demand. Analysts note that an actual blockade could significantly affect oil supplies, but for now it remains only a threat.
According to Reuters, Brent crude is holding at around $85 per barrel, while WTI is around $82. Market participants are closely watching the next steps of the US.