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WTI edged lower in Asian trade on Friday after a prior-day gain, as traders weighed Middle East risk against higher OPEC+ output. Trump issued a fresh warning to Iran, and Iran's parliament speaker said the Strait of Hormuz will never return to its prior status.
Higher OPEC+ and Saudi and Iraqi output offset geopolitical premium, leaving crude pressure mixed for energy costs in feed supply chains.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.