Oil price downside capped by ongoing US-Iran tensions
Oil recovered some losses as traders assessed Trump's military options against Iran. Focus stays on diplomatic and military developments.
3 h ago12 min read
Iran gives positive response to latest mediator proposal, report says
Iran responds positively to mediators' latest proposals, according to Al-Arabiya report; oil dips, stocks climb.
06/11/2026 15:112 min read
An Iranian source told Al-Arabiya that Tehran is giving a positive response to the latest proposals from mediators. For trust to be built, Tehran says it needs practical steps from Washington.
Following the report, oil came under pressure while stocks rose. The S&P 500 gained almost 1% and the Nasdaq climbed nearly 2%.
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