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Oil Up, Stocks Slip With US-Iran Talks in Focus: Markets Wrap

Anand Krishnamoorthy
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Global oil prices rebounded Thursday after a 2% drop the prior session, with Brent crude rising as US-Iran ceasefire negotiations fueled market volatility and investor caution. Equities dipped across Asia and US futures followed, reflecting broader uncertainty as conflicting reports on diplomatic progress between Washington and Tehran created hesitant trading conditions. Crude’s sharp fluctuations this week—alternating between steep losses and gains—highlight how geopolitical tensions are amplifying energy market instability amid fragile supply-chain recovery efforts. Investors remained on edge as mixed signals from ceasefire talks overshadowed economic indicators, prioritizing risk management over growth bets in early Thursday trading sessions. The Tokyo Stock Exchange saw modest declines, mirroring regional trends as traders weighed potential Middle East escalation against fragile global economic sentiment.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Tokyo Stock Exchange (TSE) building, operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan.Crude oil rebounded and equities edged lower on Thursday as uncertainty surrounding US-Iran ceasefire talks kept investors cautious amid conflicting headlines.Brent crude advanced at the open Thursday after falling over 2% in the previous session. The commodity has stayed volatile this week with sharp losses followed by gains the next day. Stocks were also a touch weaker as trading started with US equity-index futures edging lower along with shares in Asia.

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