Markets trade mixed as investors reassess prospects for US-Iran peace talks and potential oil-supply disruptions. Several reports say equity performance is uneven, with some markets edging up while others slip, reflecting cautious sentiment tied to developments in the Middle East. Oil prices show continued volatility: one set of reports describes a pullback in prices on optimism around a possible peace deal between the US and Iran, while another highlights oil rising despite uncertainty, as a lack of progress and a continuing US-Iran deadlock affect expectations for supply.
Free Malaysia Today reports that fresh US strikes on Iranian targets weaken peace hopes and sap earlier investor optimism. The Independent similarly points to a stalled US-Iran path to a deal, saying it reduces expectations for an imminent agreement and raises concern about possible disruptions to oil supplies. Belfast Telegraph also characterises the session as mixed for stocks while oil moves higher against the backdrop of ongoing deadlock.
Overall, the sources converge on the idea that market moves are driven by changing perceptions of US-Iran developments and their implications for energy markets.
