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Investing.com-- Oil prices ticked lower on Friday after jumping in the previous session, as investors weighed the risk of further escalation in the U.S.-Iran conflict against signs that some Middle East supply flows were recovering.
Alternative ways being used to move fuel out of Gulf region, but flows of refined products such as diesel still constrained
It is unclear how long the recovery can be sustained given that it relies on the U.S. military protecting tankers in the Persian Gulf.