Channel NewsAsia
AsiaPac · 1 hrs ago
✦ 75◉ Centre
Oil settles higher as hopes of peace in the Middle East dwindle
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Accuracy 75/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Oil prices rose as market analysts become increasingly sceptical about the prospects for a Middle East peace agreement, with analyst commentary reflecting diminished confidence in a near-term deal.
Oil settles higher as hopes of peace in the Middle East dwindle
“Markets are doubting that a peace deal is within reach,” said StoneX analyst Alex Hodes.
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