Oil prices rose sharply on Monday, recovering part of last week’s losses from a six-week low as traders reassessed the outlook for a peace deal to end the war in Iran. The move reflects reduced confidence in a near-term settlement and a modest geopolitical risk premium returning to crude markets.
Oil prices rose sharply on Monday, recovering part of last week’s losses from a six-week low as traders reassessed the outlook for a peace deal to end the war in Iran. The move reflects reduced confidence in a near-term settlement and a modest geopolitical risk premium returning to crude markets.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.22
