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INVESTINGLIVE EUROPEAN FX NEWS WRAP : OIL PRICES EXTEND LOSSES AS IRAN OFFERS TO REOPEN HORMUZ , SAUDI ARABIA PREPARES TO RESUME OIL EXPORTS

Oil extends losses as Iran offers to reopen Hormuz and Saudi prepares to resume exports.

What changed
Oil extends losses as Iran offers to reopen Hormuz and Saudi prepares to resume exports.
Why it matters
Oil extends losses as Iran offers to reopen Hormuz and Saudi prepares to resume exports. — impact context not separately stored; see What changed.
Sources
gdelt
Related signals
BRENT FALLS BELOW $80 PER BARREL ON REPORT U.S. WILL ALLOW IRAN TO SELL OIL IMMEDIATELY — via CNBC →OIL PRICES RISE ABOVE $100 A BARREL FOR FIRST TIME SINCE JULY AS IRAN WAR ESCALATES →THE U.S. EMERGENCY OIL RESERVE IS BELOW 300 MILLION BARRELS FOR THE FIRST TIME SINCE 1983 - QZ →