Oil prices fell more than 1% as markets weighed U.S.-Iran mediation reports alongside fresh attack exchanges and renewed fears of a Houthi naval blockade of Saudi Arabia. The negative risk sentiment appears to be driving short-term crude downside despite ongoing regional conflict signals.
Oil prices fell more than 1% as markets weighed U.S.-Iran mediation reports alongside fresh attack exchanges and renewed fears of a Houthi naval blockade of Saudi Arabia. The negative risk sentiment appears to be driving short-term crude downside despite ongoing regional conflict signals.
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mildly negative
Sentiment Score
-0.25