Crude Oil Rally: Brent Nears Key Resistance as Geopolitical Shipping Tensions Mount

Global energy markets remain on edge as Brent crude futures hold firm above $104 per barrel amid renewed geopolitical shipping concerns and supply risks in key Middle Eastern transit corridors. Traders and institutional desks are closely watching key technical resistance levels, with West Texas Intermediate (WTI) consolidating above $91.80 per barrel.

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