News

US Secretary of State Blinken: Prospects for an agreement with Iran in the near term unlikely

US Secretary of State Blinken says Iran's response to the EU proposal on the nuclear deal makes the prospects for an agreement in the near term unlikely. 

Meanwhile, oil prices were higher due to a weaker US dollar that offset ongoing concerns of weaker demand as risk sentiment picked up across the board on a number of counts. there was news that Ukrainian forces have made significant progress in pushing back Russian troops and that too has supported a better tone across European markets. Additionally, there was New York Federal Reserve report that buoyed optimism that suggested inflation may be receding. 

WTI is flat on the day so far, trading at the round $88.00bbls.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.