[MARKET ANALYSIS] Oil prices gained as a US-Iran deal remained elusive, while Trump also sent tougher
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[MARKET ANALYSIS] Oil prices gained as a US-Iran deal remained elusive, while Trump also sent tougher
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WTI/Brent: WTI Jul'26 +3.0% / Brent Aug'26 +2.4%
- Oil prices climbed at the open with WTI testing the USD 90/bbl to the upside as a US-Iran deal remained elusive, while US President Trump reportedly sent tougher terms to Iran regarding the peace framework, and it was also reported that Iran may also propose changes to the US draft peace memorandum of understanding.
Gold: -0.2%
- Mildly declined in early trade as silver sold off at the open, albeit with the downside in the yellow metal limited, while silver staged a recovery to claw back all of its earlier losses and more.
Copper: +1.1%
- Edges higher amid the mostly positive risk sentiment across the region.
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