Oil prices are under pressure as US–Iran talks ease the perceived war premium. However, Strait of Hormuz uncertainty and nearby WTI/Brent support levels are likely to drive the next leg of trading as the market balances de-escalation vs. supply-risk headlines.
Oil prices are under pressure as US–Iran talks ease the perceived war premium. However, Strait of Hormuz uncertainty and nearby WTI/Brent support levels are likely to drive the next leg of trading as the market balances de-escalation vs. supply-risk headlines.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
