Brent oil gave back all its wartime gains as crude flows through the Strait of Hormuz ramped up following progress on a US–Iran peace deal. The easing of supply constraints points to a near-term downside risk for oil prices and related tanker/economic sentiment.
Brent oil gave back all its wartime gains as crude flows through the Strait of Hormuz ramped up following progress on a US–Iran peace deal. The easing of supply constraints points to a near-term downside risk for oil prices and related tanker/economic sentiment.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
