Brent futures trade flat amid US-Iran ceasefire uncertainty
(Il Sole 24 Ore Radiocor) - Milano, 29 mag - Brent futures traded flat as market participants weighed the implications of a potential 60-day ceasefire extension between the US and Iran.
While negotiators have moved toward a tentative framework that could eventually ease supply constraints in the Strait of Hormuz, the market remains cautious as the deal still awaits final approval from president Donald Trump and confirmation from Iranian authorities.
At 0900 GMT, oil crude futures were down 4 cents, or 0.04%,.
at 93.75 dollars a barrel.
(RADIOCOR) 29-05-26 11:02:45 (0264) 5 NNNN