AI Summary

The recent fluctuations in oil prices have left traders uncertain about the market's direction. A decline in Brent crude below $100 was short-lived, as President Trump's statement on the U.S.-Iran deal sent prices back up. The analysts' warning that oil could remain above $100 for years is based on the unprecedented nature of the current situation. The ongoing negotiations with Iran and the U.S. blockade in Hormuz are creating a volatile environment that is difficult to predict. The implications of sustained high oil prices are significant, with potential impacts on global economies and energy markets.

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