A post by @DeItaone on X.
OIL FUTURES EXTEND GAINS, BRENT CRUDE UP BY $2 A BARREL ON UNCERTAINTY IN TALKS TO END WARS IN IRAN AND UKRAINE
@DeItaone on X
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Brent crude futures extended gains, rising $2 a barrel as uncertainty clouded talks to end the wars in Iran and Ukraine. The move reflects traders pricing renewed geopolitical risk into oil, with the two conflicts seen as key drivers of supply disruption concerns. The headline came via @DeItaone and did not specify the outright Brent price level or the move in WTI. Watch for confirmation of the actual front-month Brent and WTI settlements, any widening of the Brent-WTI spread, and whether the gains hold as negotiators signal progress or stalemate in both conflicts.
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Named in this story
Brent Crude (OIL), Iran, Ukraine
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