Crude oil prices edged higher on Friday as renewed Middle East tensions followed an exchange of fire between the U.S. and Iran. The move partly offset losses from the prior three sessions, with geopolitical risk supporting oil after a recent pullback. Iran is delaying its response to a U.S. peace proposal, keeping supply-risk concerns elevated.
Crude oil prices edged higher on Friday as renewed Middle East tensions followed an exchange of fire between the U.S. and Iran. The move partly offset losses from the prior three sessions, with geopolitical risk supporting oil after a recent pullback. Iran is delaying its response to a U.S. peace proposal, keeping supply-risk concerns elevated.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
