🚨 Oil prices 🔥 are hovering near $DOT 7-month highs around $71 Brent / $65 WTI, torn between a massive US crude inventory surge (16M barrels! 📈) and $FIL US-Iran tensions ahead of Geneva nuclear talks tomorrow. 🛢️ Saudi contingency $NEAR boosts ready, OPEC+ eyes output hike. Markets on edge! ⚖️

📰 Source: Bloomberg