Lates News

Investinglive analyst Eamonn Sheridan said that the market shows changes in the trends of oil and the US dollar due to the cancellation of the Vanse trip. The direction of both reveals the market's previous expectations: early obstacles caused by Israel have led to a reassessment of this process. The countdown of 60 days for the nuclear negotiations in the understanding memorandum has started, but the first meeting has not been scheduled yet, which is not a reassuring situation for a process that cannot tolerate procedural delays. If the Geneva talks do not take place on time and the risk premium flowing from oil reopens after the Strait of Hormuz, it will face partial reconstruction. The current situation is clear: neither side will go to Switzerland - at least not now - and the significant differences in their reasons show that the friction goes far beyond the logistical issues mentioned by the White House.