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Commodities

US Iran Talks Disappoint: Crude Oil Futures Rebound Amid Fading Diplomacy Hopes

Guavy AI Editorial Team
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Oil
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Crude oil futures rebounded on Thursday as initial optimism around renewed talks between the US and Iran receded, with little progress made.

The market had initially responded positively to news of high-level talks in New York, but this enthusiasm faded as it became clear that no significant agreements were reached.

Saudi Aramco issued its latest crude oil tender for ship-to-ship transfer in the Gulf of Oman, aiming to increase Hormuz exports.

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