OIL PRICES RISE DESPITE TRUMP SIGNALS OF IRAN DEAL Oil prices climbed Monday after weekend U.S.–Iran exchanges reignited geopolitical tensions. Brent rose 2.8% to $93.63 and WTI gained 3.4% to $90.29, reversing part of May’s sharp 19% decline in Brent. The move followed reported U.S. strikes on I
Top Overnight News Donald Trump said talks with Iran over an interim peace deal will “work out well.” But oil bounced from a six-week low as clashes continued near the Strait of Hormuz. The US said it struck Iranian air defense facilities in response to the shooting down of an American drone. BBG
OIL PRICES RISE DESPITE TRUMP SIGNALS OF IRAN DEAL Oil prices climbed Monday after weekend U.S.–Iran exchanges reignited geopolitical tensions. Brent rose 2.8% to $93.63 and WTI gained 3.4% to $90.29, reversing part of May’s sharp 19% decline in Brent. The move followed reported U.S. strikes on I
Oil prices rise amid US-Iran tensions despite Trump’s negotiation signals
Iran issues sinister warning to Trump as oil market surges https://trib.al/nhjg01A
Top Overnight News Donald Trump said talks with Iran over an interim peace deal will “work out well.” But oil bounced from a six-week low as clashes continued near the Strait of Hormuz. The US said it struck Iranian air defense facilities in response to the shooting down of an American drone. BBG
US oil prices jump 8% to $94 as Iran ends talks with US
🚨 WTI $93.78. Brent $97.06. Both up over 7% today. Oil had been selling off for 2 weeks straight, dropping from $105 to $86, as markets priced in a coming US-Iran deal. That entire peace premium just got wiped out in one session after Iran suspended all negotiations and threatened to close both
TRUMP SAYS HE IS NOT WORRIED ABOUT OIL PRICES IF IRAN BLOCKS STRAIT OF HORMUZ