4 results for “US-Iran”
Brent crude dropped 1.9 percent to $101.65 as the Democratic midterm sweep and US-Iran peace progress weighed on the war premium that has kept oil above $100.
Oil prices swung violently around the 100 dollar mark after a US strike on Iran Qeshm Island revived escalation fears across the market.
Gold consolidates near 3,950 dollars as US-Iran escalation risks clash with stubborn interest rates punishing non-yielding assets.
West Texas Intermediate fell for a second straight day on Monday, October 26, dropping toward $101 a barrel, while Brent settled below $116, as stepped-up diplomatic missions to Tehran raised hopes the US-Iran conflict may not escalate further.