Commodity Corner: Oil eases but holds above $100 amid US–Iran uncertainty; gold slips

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Commodity Corner: Oil eases but holds above $100 amid US–Iran uncertainty; gold slips

AI Summary

Oil prices have slightly decreased but remain above $100 as concerns about US-Iran relations continue. The uncertainty surrounding oil shipping in the Strait of Hormuz is contributing to the volatility in the market.

Oil prices eased slightly after Donald Trump stated that the United States would initiate efforts to free ships stranded in the Strait of Hormuz ...

Politics Markets Commodities Energy oil prices US-Iran relations market volatility Strait of Hormuz

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