Pump prices up again amid tightening global inventories

AI Summary

Pump prices have risen again amid tightening global inventories, with geopolitical tensions particularly concerning Iran influencing market hopes for improved energy flows through high-level international discussions.

'Geopolitical developments remain a key swing factor, with the market hopeful that high-level discussions between major powers could help ease Iran-related tensions and provide clearer signals on energy flows,' says the energy department