Oil prices dipping back below the $100 mark may suggest easing geopolitical tensions, but underlying supply dynamics indicate that upward pressure on prices could persist, according to eToro’s latest market commentary. A significant portion of Persian Gulf oil supply remains disrupted, with inventory drawdowns and softer demand temporarily absorbing the shock. However, as the last pre-blockade cargoes clear the system in the coming days, this buffer is expected to diminish, potentially exposing tighter market conditions. Signs of tightening are already visible in the physical oil market, where crude is trading ...