Crude oil prices plunged on Tuesday after Israel and Iran halted their exchange of attacks, reversing the prior session's gains. The move was also driven by President Trump's reassurance about a U.S.-Iran deal in the coming days and the quick reopening of supply routes, easing the geopolitical risk premium in oil.
Crude oil prices plunged on Tuesday after Israel and Iran halted their exchange of attacks, reversing the prior session's gains. The move was also driven by President Trump's reassurance about a U.S.-Iran deal in the coming days and the quick reopening of supply routes, easing the geopolitical risk premium in oil.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
