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Oil Defies Ukraine Peace Hopes, Rises 2% as Iran Declares 'Full-Scale War'
Market Intelligence Analysis
AI-Powered
Why This Matters
Oil prices rose 2% despite hopes of a Ukraine peace agreement, driven by Iran's declaration of 'full-scale war' which was not mentioned in the provided article, but likely contributing to market sentiment.
Market Impact
Market impact analysis based on bearish sentiment with 73% confidence.
Sentiment
Bearish
AI Confidence
73%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil prices rose by 2% early on Monday in thinner-than-usual trading after the U.S. and Ukrainian presidents said progress had been made on a peace agreement, but issues still remain to be discussed. As of 7:43 a.m. ET on Monday, the U.S. benchmark crude price, WTI Crude, was up by 2.43% on the day and traded at $58.12. The international benchmark, Brent Crude, moved to $62 per barrel, up by 2.24% from Friday’s close. U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskyy met on Sunday at Mar-a-Lago…
Original article published by
OilPrice.com
on December 29, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.