Oil prices were steady Thursday as investors awaited clarity on U.S.-Iran talks aimed at reopening the Strait of Hormuz, a key chokepoint for energy flows. Any delay/uncertainty around the talks keeps geopolitical risk priced in, supporting a cautious near-term outlook for crude.
Oil prices were steady Thursday as investors awaited clarity on U.S.-Iran talks aimed at reopening the Strait of Hormuz, a key chokepoint for energy flows. Any delay/uncertainty around the talks keeps geopolitical risk priced in, supporting a cautious near-term outlook for crude.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
