No relation to the recent geopolitical tensions
No relation to the recent geopolitical tensions: Sevens Report Research Analysts, Quoted in Morningstar
Oil prices settle lower as traders fret over the outlook for demand
Analysts at Sevens Report Research wrote in Tuesday’s newsletter that the crash was deemed to be “an accident and had no relation to the recent geopolitical tensions between Iran and Israel, which allowed for some of the fear bids added on Friday ahead of the weekend to come unwound” at the start of Monday’s trading.
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