Oil prices slumped over 4% after President Trump called off new military strikes on Iran and signaled a peace deal could be signed within days. The move eased fears of further Middle East escalation, reducing the geopolitical risk premium embedded in crude. The reaction is likely to ripple across energy markets and broader risk sentiment.
Oil prices slumped over 4% after President Trump called off new military strikes on Iran and signaled a peace deal could be signed within days. The move eased fears of further Middle East escalation, reducing the geopolitical risk premium embedded in crude. The reaction is likely to ripple across energy markets and broader risk sentiment.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.20