🛢️Oil Prices Fall as US-Iran Peace Talks Raise Hopes💥
📉Oil prices dropped more than 6% to around $79 per barrel after President Donald Trump confirmed that US-Iran peace talks would begin on Monday. The news reduced fears of a wider Middle East conflict. Iran and Oman are also close to an agreement on managing the Strait of Hormuz. Trump said the talks could focus on reopening the strait and Iran's nuclear program
📊 US stock futures rose on hopes of easing tensions, while the dollar and Treasury yields declined. Bitcoin also remained under pressure, falling below $63,000 despite the sharp drop in oil prices #USIranTalksToBegin #USJapanJointYenInterventionFirstSince2011 #YenRisesTo156 $SIREN $RIVER $USOon
📉Oil prices dropped more than 6% to around $79 per barrel after President Donald Trump confirmed that US-Iran peace talks would begin on Monday. The news reduced fears of a wider Middle East conflict. Iran and Oman are also close to an agreement on managing the Strait of Hormuz. Trump said the talks could focus on reopening the strait and Iran's nuclear program
📊 US stock futures rose on hopes of easing tensions, while the dollar and Treasury yields declined. Bitcoin also remained under pressure, falling below $63,000 despite the sharp drop in oil prices #USIranTalksToBegin #USJapanJointYenInterventionFirstSince2011 #YenRisesTo156 $SIREN $RIVER $USOon