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Analysts at Societe Generale forecast full normalization to occur toward the end of the year
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US attacks and seizes Iranian cargo ship, as Iran says 'no decision' yet on joining peace talks BBCCeasefire at risk after US seizes Iranian ship, Iran shuns peace talks ReutersUS captures Iranian ship Touska amid mediation efforts: All we know Al JazeeraIran War Live Updates: Oil Prices Rise as Iran Vows Retaliation for U.S. Attack on Cargo Ship The New York Times
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Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.
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Gas prices pose a challenge for Republicans in competitive midterm races, even as the president promises an end to the war in Iran soon.
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Oil prices jump after Trump says Iranian ship seized BBCIran war live: Tehran slams US ‘piracy' after ship seizure, vows response Al JazeeraWorld weighs fate of Mideast ceasefire after US seizes Iranian cargo ship ReutersU.S. struck, seized Iranian-flagged ship Touska in Gulf of Oman, Trump says CNBC
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