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Back Fundamental analysis
Oil Slows Down with a Decline Amid New U.S. Attacks
Oil has slightly recovered from yesterday's
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Oil has slightly recovered from yesterday's plunge. Brent has returned above $98 per barrel, while WTI is near $92. The catalyst for this movement was the new U.S. military strikes on missile launchers and vessels in the Strait of Hormuz—the market interpreted these actions as a sign of ongoing escalation and restored part of the geopolitical premium that was shed on Monday.Negotiations are ongoing; however, the timelines have shifted again. Rubio, speaking in New Delhi, stated that it would take
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Miroslaw Bawulski,
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