Oil drops on lower demand forecasts despite deadlock in US-Iran talks
Oil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict, a surprise build in U.S. crude inventories and stalled talks with Iran are impacting the market, with shipping risks in key straits adding to volatility.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.