Dossier
Clay Seigle
Coverage of Clay Seigle in the Nexus archive.
- Oil prices hit three-month low over US-Iran truce
Oil prices fell to a three-month low as Wall Street anticipates a US-Iran peace deal, with major banks lowering price forecasts. Natural gas relief may follow if Qatar increases LNG production, though shipping challenges remain. Analysts note a shift from acute disruption to managed geopolitical risk, but some question Wall Street's optimism amid political tensions.