ING analysts Warren Patterson and Ewa Manthey say Oil is trading on hopes of progress in US–Iran peace talks, while ongoing disruptions through the Strait of Hormuz keep supply risks elevated.
Source: FXStreet News
Oil: Market Optimism Underprices Supply Risks – ING
ING analysts Warren Patterson and Ewa Manthey say Oil is trading on hopes of progress in US–Iran peace talks, while ongoing disruptions through the Strait of Hormuz keep supply risks elevated.