After what seemed like a rollercoaster of conflict between Iran and Israel after the US’ involvement over the weekend, US President Donald Trump unexpectedly announced a tentative ceasefire between the two nations despite Iran attacking a US military base in Qatar. This latest development sent oil prices spiralling downwards, and reinvigorating hopes that a de-escalation of conflicts between Iran and Israel might just be around the corner.
Join Dan Koh and Ryan Huang as they drill into the details of the various moving parts influencing prices of the oil market and figure out what analysts are saying about the near-term prospects of the iconic ‘black gold’.
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