Commodities
US-Iran Talks Fall Short, Crude Oil Futures Continue Rebound
Crude oil futures continued their rebound on Thursday after initial optimism around renewed talks between the US and Iran dissipated.
The negotiations, which were seen as a potential catalyst for increased crude supplies, did not yield any significant progress, leading to a decline in hopes for an immediate resolution.
In light of this development, investors pushed forward with their buying momentum, driving prices further away from weekly lows.