Crude prices climbed after U.S. President Donald Trump rejected Iran's counterproposal to end the 10-week war, calling it "totally unacceptable." The setback to diplomacy raises geopolitical risk premiums for oil and could keep energy markets elevated in the near term. The move is meaningful for the broader commodities complex and global risk sentiment.
Crude prices climbed after U.S. President Donald Trump rejected Iran's counterproposal to end the 10-week war, calling it "totally unacceptable." The setback to diplomacy raises geopolitical risk premiums for oil and could keep energy markets elevated in the near term. The move is meaningful for the broader commodities complex and global risk sentiment.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.20
