Dossier
UOB analysts
Coverage of UOB analysts in the Nexus archive.
- Oil prices dip over 6pc after US, Iran pause fighting over weekend
Oil prices fell over 6% after the US and Iran paused military strikes, raising hopes for de-escalation and resuming shipping through the Strait of Hormuz. The pause led to a sharp decline in Brent and WTI crude futures, though shipping data showed limited vessel movement through critical straits.