LONDON, United Kingdom – The price of the Brent oil, the world’s main international contract, slid Friday while Europe’s major stock markets rebounded as concerns over a war escalation in
Kingdom – The price of the Brent oil, the world’s main international contract, slid Friday while Europe’s major stock markets rebounded as concerns over a war escalation in Iran eased.
Brent dropped more than two percent, weighing on the share prices of energy majors, after US President Donald Trump said Thursday that he would decide whether to join Israel’s strikes on Iran within the next two weeks.
Trump spoke as top European diplomats prepared to meet Iran’s Foreign Minister Abbas Araghchi in Geneva on Friday to discuss the country’s nuclear program.
Asian equity indices closed out the week mixed and the dollar retreated against key rivals.