Oil prices traded sharply lower ahead of potential weekend U.S.-Iran negotiations, as markets priced in reduced geopolitical risk and a possible easing of supply concerns. President Trump said a second round of talks could occur this weekend and warned fighting may resume if no deal is reached. The move is significant for crude and broader energy markets, with sentiment skewed risk-off.
Oil prices traded sharply lower ahead of potential weekend U.S.-Iran negotiations, as markets priced in reduced geopolitical risk and a possible easing of supply concerns. President Trump said a second round of talks could occur this weekend and warned fighting may resume if no deal is reached. The move is significant for crude and broader energy markets, with sentiment skewed risk-off.
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moderately negative
Sentiment Score
-0.35
