GeopoliticsHighReportedAccelerating
9.4
Oil Surges 4% to $108 as Trump Rejects Iran Peace Proposal
InfoMoney·US · IR · QA·3 days ago
Brent crude remains elevated near $107.82/bbl, supported by persistent concerns that the Middle East conflict will not be resolved soon, keeping the global fuel market in deficit. The price level reflects sustained geopolitical risk premium, though the exact supply-demand balance remains uncertain.