Oil Prices Rise as U.S.-Iran Tensions Simmer
Market Intelligence Analysis
AI-PoweredOil prices rose by 1% due to escalating U.S.-Iran tensions and a meeting between U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Oil prices rose by 1% early on Wednesday as the U.S.-Iran tensions continue to rise and Israeli Prime Minister Benjamin Netanyahu is set to meet U.S. President Donald Trump. In morning trade in Europe on Wednesday, the U.S. benchmark, WTI Crude, was up by 1.39% to $64.85 per barrel. The front-month futures traded at $64.85. The international benchmark, Brent Crude, traded very close to the $70 per barrel mark, as it was up 1.29% on the day to $69.69. This week, the U.S.-Iran tensions and negotiations have been in the spotlight,…
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