Back to News
Market Impact: 0.4
Oil rises as peace prospects dim after U.S. hits Iran’s Qeshm Island
Source: The Globe and Mail
Geopolitics & WarEnergy Markets & Prices
Oil prices rose more than US$1 on Tuesday after an Iranian official said a deal to end the war was far off. A US strike on Iran’s Qeshm Island heightened concerns about escalating hostilities and risks to energy supplies.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.20
More News
- The Strait of Hormuz closure has cost Europe an extra $142 billion for the same energy it was already buying
- US hits Qeshm Island, Pezeshkian signals more diplomacy: Iran war latest
- 5 things to watch on Election Day as Democrats push for control of Congress
- US and Iran Are Reviewing Proposals to End Middle East Conflict
- Opening Statement before the House of Commons Standing Committee on Finance
- Stock futures plunge as blue tsunami hits red states and data center hot spots. Wall Street usually likes political gridlock—but maybe not this time