Crude prices extended gains as escalating attacks in the Persian Gulf and signs President Trump may contemplate an exit from the Iran conflict increased geopolitical risk. The developments have raised the geopolitical risk premium on oil, supporting upside pressure on oil futures and related energy assets.
Crude prices extended gains as escalating attacks in the Persian Gulf and signs President Trump may contemplate an exit from the Iran conflict increased geopolitical risk. The developments have raised the geopolitical risk premium on oil, supporting upside pressure on oil futures and related energy assets.
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mildly positive
Sentiment Score
0.20
