Elliott Wave Oil
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Brent and WTI Pare Gains as Qatar Signals US-Iran Progress
- August 4, 2026
- Posted by: Alira Iluka
- Category: Commodities
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Oil traders had a familiar Tuesday: prices jumped early on fresh worry about Gulf shipping, then gave most of it back once Qatar said talks between Washington and Tehran were still moving forward. That push-and-pull has defined the oil market for months now, and it’s not close to over. Quick answer: Brent crude traded near