Global oil prices moved sharply lower at the start of the week as renewed optimism surrounding negotiations between the United States and Iran raised expectations of a possible agreement to end the conflict and reopen the Strait of Hormuz. According to analysts at ING, Brent crude fell by around 5% in early Asian trading, dropping back below $100 per barrel following comments from US President Donald Trump suggesting progress had been made in negotiations. However, the bank cautioned that markets remain wary after previous rounds of talks failed to produce a lasting agreement. Trump later stated he was ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
[s2Member-Pro-PayPal-Form level="1" ccaps="" ps="paypal" lc="" cc="EUR" dg="0" ns="1" custom="2025.timberindustrynews.com" ta="0" tp="0" tt="D" rr="1" rrt="" rra="2" accept="paypal" accept_via_paypal="paypal" coupon="" accept_coupons="0" default_country_code="" captcha="0"]
[s2Member-Pro-PayPal-Form desc="Yearly subscription - 290€/12 months" ra="290" rp="1" rt="Y"]
[/s2Member-Pro-PayPal-Form]
