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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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The instability of the ceasefire protocol between Israel and Palestine supports the oil price rebound, but the rebound space is limited.
On June 25, as investors paid close attention to the stability of the ceasefire agreement between Israel and Iran, oil prices rose during the Asian session. Investors are also watching talks between the United States and Iran, with the US Middle East envoy calling the talks "promising" and Washington holding out hopes for a long-term peace deal. As fears of supply disruptions have largely dissipated and the prospect of oversupply in the market suggests that there is limited room for oil prices to rise, U.S. and Burkina Aires still fell more than 10% in a single week. Kathleen Brooks, an analyst at EU financial brokerage XTB, said that the current backdrop is unfavorable for oil prices, which is another reason why geopolitics has a short-lived impact on commodity prices.