July WTI crude surged $4.80, or 5.49%, and July RBOB gasoline rose 5.03 cents, or 1.66%, after Iran reportedly halted the exchange of messages with the U.S. The move signals a sharp geopolitical risk premium in energy markets, with crude and refined products reacting to heightened supply-disruption fears.
July WTI crude surged $4.80, or 5.49%, and July RBOB gasoline rose 5.03 cents, or 1.66%, after Iran reportedly halted the exchange of messages with the U.S. The move signals a sharp geopolitical risk premium in energy markets, with crude and refined products reacting to heightened supply-disruption fears.
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moderately positive
Sentiment Score
0.62
