Skip to main content

Oil rises on short-covering, Iran nuclear talks in focus

24 أيار 2025
Oil prices increased on Friday. This happened as U.S. buyers adjusted positions before the Memorial Day weekend. Concerns about U.S.-Iran nuclear talks also played a role. Traders fear supply disruptions if talks fail. Donald Trump suggested tariffs on EU goods. OPEC+ may increase output in July. The market awaits the impact of tariffs on oil demand.

For more details: Click here