Oil prices have been in the midst of a focus on trade war and negotiations with Iran

Oil prices stabilized above their lowest level in four years, while clients live in the last US in the trade war, as well as ‘constructive’ talks that took place between Washington and Tehington this weekend. Brent Raw Global Ru oil circulated a barrel after successive weekly losses near $ 65, while West Texas Middle Easy remained more than $ 61. Although US President Donald Trump has suspended customs duties on a group of electronic devices, he has also indicated that specific definitions will be announced in time. Oil prices were put under pressure during April, as the trade war – especially the confrontation between the United States and China – fueled the fear of the global recession that could harm energy demand. In collaboration, the “OPEC+” coalition decided to reproduce it faster to the market than expected. The volatile trades have renewed concerns about the possibility of the global supply of oil over the demand during the current year. Negotiations with Iran will focus on the upcoming monthly OPEC report that will be released later Monday to obtain indicators on the basic conditions in the market, while the International Energy Agency, based in Paris, issues its estimates on Tuesday, which includes the first expectations for the year 2026. Analysts in Goldman Sax wrote, then Stradin in a note: ‘Although the market took into account, the increase expected in shares, but Major expected us to expect Major’ and they estimate the existence of a look at about 800 thousand barrels a day. They expected the average price of ‘Brent’ crude oil for the rest of 2025 would reach $ 63. The discussions that took place in the Sultanate of Oman this weekend were the first communication between the two parties since 2022, and indicates renewable efforts to resolve the stalwart years on Iran’s nuclear program. Washington and Tehran agreed to hold another meeting.