Commodities
Crude Oil Futures Rebound Amid Ongoing US-Iran Negotiations
Crude oil futures have rebounded after a week of losses, but investors remain cautious about the prospects of a US-Iran deal.
The news of Iran's offer to reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military and economic pressure has sparked some optimism in the market.
However, this development is not enough to convince investors that a deal between the two countries is imminent.