US lifts some sanctions on Iran, but ...

According to early reports from Iran, the United States was to decide to lift personal sanctions from some Iranian officials and WTI oil fell to around $ 69 a barrel. Later it turned out that the US deleted sanctions only on 3 people in Iran, including 1 oil official and the price of oil rebounded. Nevertheless, this is a sign of goodwill on the part of the US, which should bring a real nuclear deal closer. One can see that the topic is very important for the oil market.

OIL.WTI managed to erase recent losses and price returned above $70.00 per barrel . Source: xStation5

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Are markets reacting to Putin's threats?

Commodities

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