WS #11202
Iran establishes communication channel with US after Doha talks, oil prices fall to 4-month lows, de-escalating geopolitical risk. US DoE crude inventory draw of -3.775M barrels (vs -2.903M est) provides bullish signal, but oil prices fall to 4-month lows on Iran talks progress.
US-Iran Doha Talks Progress
Iran establishes communication channel with US after Doha talks, oil prices fall to 4-month lows, de-escalating geopolitical risk.
US DoE crude inventory draw of -3.775M barrels (vs -2.903M est) provides bullish signal, but oil prices fall to 4-month lows on Iran talks progress.