Crude Oil Catapults After Iran Adopts Hardline Stance Despite U.S. Peace Efforts
View original at nasdaq.comCrude Oil Catapults After Iran Adopts Hardline Stance Despite U.S. Peace Efforts (RTTNews) - Crude oil has skyrocketed on Friday as output-and-supply disruption risks dimmed the expectations of a resumption of export flows through U.S…
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Israeli strikes hit the heart of Tehran
60% confidenceDespite negativity from media, talks between U.S. and Iran are going very well
60% confidenceVessels connected to U.S. or Israel will be completely prohibited from transiting Strait of Hormuz
60% confidenceIRGC has full control over Strait of Hormuz and any ship attempting to pass will be met with harsh response
60% confidenceExperts concerned about sharp jump in oil prices in near-term as situation appears far from de-escalation
60% confidenceThere are strong signs indicating Iran wants to negotiate
60% confidenceIran had agreed to allow 10 oil tankers to pass through the strait to show seriousness about entering negotiations
60% confidenceOil shortage concerns that hit Asia could spread to Europe
60% confidence