Oil prices fell in early trade after Qatar said indirect Iran–U.S. talks made “positive progress,” focused on the Strait of Hormuz, which carries ~20% of global oil supply. The perceived easing of disruption risk pressured crude lower despite the backdrop of the ongoing conflict.
Oil prices fell in early trade after Qatar said indirect Iran–U.S. talks made “positive progress,” focused on the Strait of Hormuz, which carries ~20% of global oil supply. The perceived easing of disruption risk pressured crude lower despite the backdrop of the ongoing conflict.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
