BUSINESSMay 4 · 22:02 UTCBLOOMBERGNicholas Lua, Mia Gindis

Oil Holds Gain as Iran, US Exchange Fire in Middle East Flareup

Oil prices hold gain amidst Middle East flareup between Iran and US. The Permian Basin in Texas and New Mexico is North America's most prolific shale patch. Tensions in the region may impact oil production.

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IranplaceUnited StatesplacePermian BasintopicTexasplaceNew Mexicoplace

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