Commodities & currencyCNBC-TV18
Brent near $96 as Trump says US needs no Iran deal
Negative-4
GreyOak summary
Brent crude settled near $96 a barrel, rising 3.3% after US President Donald Trump stated the US does not need a deal with Iran. This remark undermined hopes for a diplomatic settlement regarding West Asian supplies. Meanwhile, Iran claimed explosions hit four oil tankers in the Strait of Hormuz.
What it affects
- Brent crudeNegative -4
Brent crude rose 3.3% to near $96.Rolling sentiment Neutral +11
- GeopoliticsPositive +4
Tensions persist as US rejects Iran deal.Rolling sentiment Negative -23
