Reported 2 days ago
Crude oil prices fell today as optimism grew over a potential de-escalation in the Israel-Iran conflict, following President Trump's indication of possible negotiations with Iran. Initially, prices rose after Iran's Supreme Leader asserted the nation's refusal to surrender to Israel, but later declined despite a weaker dollar and favorable EIA inventory reports. Market sentiment shifted as uncertainties regarding tariffs and global oil supply dynamics continued to put pressure on oil prices.
Source: YAHOO