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Oil Prices Continue to Rise 1%+; Trump Says Israel, Iran May Need to Fight Before Inking Deal
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US President Donald Trump said that he believes Israel and Iran are very likely to reach a peace agreement, but to end the conflict, they may need to fight first. Iran has informed mediators Qatar and Oman that it won't engage in ceasefire negotiations during the Israeli attacks, Reuters reported, citing sources. It emphasized that negotiations would only occur after it has completed its response to Israel's current attack. In the early Asian trading hours today (16th), oil prices continued to thrive. Both Brent oil futures for August and New York oil futures for July climbed by over 1% to USD75.02 and USD73.77 per barrel. AAStocks Financial News |
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