Crude oil prices surged after markets determined that President Trump's announcement of U.S.-Iran peace talks was not officially confirmed by Iran, reversing a prior slump triggered by the initial message. The development highlights short-term volatility in oil markets driven by geopolitical headlines and shifts in investor confidence regarding Middle East tensions.
Crude oil prices surged after markets determined that President Trump's announcement of U.S.-Iran peace talks was not officially confirmed by Iran, reversing a prior slump triggered by the initial message. The development highlights short-term volatility in oil markets driven by geopolitical headlines and shifts in investor confidence regarding Middle East tensions.
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mildly positive
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