Oil Falls Amid Diplomatic Efforts to End Iran War — Market Talk
Bullish strength: 25/100
- Renewed Houthi attacks on Saudi Arabia sustain regional supply-risk concerns.
- Elevated Middle Eastern tensions could limit further oil-price declines.
Bearish strength: 75/100
- Oil prices fell more than 1% in early European trading.
- Diplomatic efforts to revive US-Iran negotiations could ease geopolitical risk premiums.
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