Tom Kloza, chief market analyst at Turner Mason & Co., said he expects Iranian leaders to refrain from drastic measures and oil futures to ease back after the initial fears blow over.
Oil prices flip-flop and shares are mixed after the U.S. strikes Iranian nuclear sites
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Besides the hurricane threat, Kloza says refineries - which have been running nearly full-steam - will have to take a breather because they have delayed maintenance work and “that can't be delayed indefinitely.”
Why gas prices are falling
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