Crude oil surged on Thursday as supply disruption concerns outweighed hopes that upcoming U.S.-Iran peace talks could help end the month-long gulf war. The move suggests continued geopolitical risk premium in energy markets, supporting prices despite the diplomatic backdrop.
Crude oil surged on Thursday as supply disruption concerns outweighed hopes that upcoming U.S.-Iran peace talks could help end the month-long gulf war. The move suggests continued geopolitical risk premium in energy markets, supporting prices despite the diplomatic backdrop.
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mildly positive
Sentiment Score
0.20
