[MARKET ANALYSIS] Oil futures retreated amid the recent constructive US-Iran headlines including a report that US VP Vance is considering face-to-face talks with Iran's top security official Rezaei
Newsquawk Staff ·
WTI/Brent: WTI Dec'26 -1.2% / Brent Jan'27 -1.2%
- Oil prices are lower following a report that US VP Vance is considering face-to-face talks with Iran's top security official Rezaei as he emerges as the lead negotiator with Iran, while US envoys Kushner and Witkoff are visiting Russia to meet with President Putin today following the recent Abu Dhabi talks.
Gold: -0.2%
- Lacks demand after declining yesterday to below the psychological USD 4,000/oz level amid a firmer buck.
Copper: -0.5%
- Demand is contained alongside the ultimately mixed overnight risk appetite.
- Israeli bombing targets Nasser Medical Complex west of Khan Yunis in the southern Gaza Strip, according to Al Jazeera
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