Trump says talks with Iran continue - Reuters
Geopolitics
President Trump confirmed that diplomatic talks with Iran are ongoing, signaling a potential path for de-escalation. This reduces the immediate likelihood of military conflict, which tends to remove the geopolitical risk premium from energy prices.
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↓ SHORT-3% target+2% stopTactical / 1-2 weeks
Short oil via USO as the US-Iran 'talks continue' narrative reduces the geopolitical risk premium.