Oil prices remained steady near six-month highs of $72 per barrel, supported by President Trump's 15-day ultimatum for Iran to negotiate a new nuclear deal. This diplomatic pressure has maintained a significant risk premium on Brent and WTI benchmarks amid fears of potential supply disruptions in the Middle East. Meanwhile, European equity markets are set to open higher on Friday as investors navigate the escalating geopolitical tensions. Beyond the energy sector, traders in Europe are closely monitoring the release of more corporate earnings reports to gauge market momentum. This dual focus suggests that while geopolitical risks remain a priority, corporate performance is providing a stabilizing influence on investor sentiment. Global markets continue to watch for any official response from Tehran as the deadline countdown continues.
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