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Iran war risk lifts Dubai crude oil spreads; physical tight, Brent/Dubai volatile with mixed flow, near-term buying strong
Published: April 7, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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The Middle Eastern conflict has officially entered its sixth week with little material evidence of a near-term de-escalation.

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