Oil prices remain mixed as fresh US strikes on Iran dim peace hopes
AI Summary
Oil prices showed mixed fluctuations as US-Iran talks indicated some progress, but fresh US strikes on Iranian missile sites and vessels near the Strait of Hormuz dampened peace hopes. The continued clashes contribute to market uncertainty following a major energy shock.
Oil prices fluctuated as US-Iran talks showed signs of progress, clashing with US military strikes on Iranian missile sites and vessels. Hopes for the Strait of Hormuz reopening were dampened by fresh clashes, adding to market uncertainty after a major energy shock.