- Trump said new Iran talks begin Monday afternoon after calling off a planned attack on Iran.
- Goldman Sachs commodities research says continued Strait of Hormuz escalation shapes oil prices, while a supply glut remains a challenge after supply interruptions are resolved.
Quotes
“President Donald Trump said new Iran talks would begin Monday afternoon after he called off a planned attack on Iran.”
“Samantha Dart, Co-Head of Global Commodities Research at Goldman Sachs, discusses how oil prices may develop if the conflict in the Strait of Hormuz continues to escalate, and warns that a supply glut may pose a challenge even if the supply interruptions are resolved.”