On Tuesday, Iran ruled out direct talks with senior U.S. officials despite Washington’s latest diplomatic push, underscoring deep divisions over a fragile ceasefire and the future of one of the world’s most critical oil transit routes.
Oil Prices Ease Despite Lingering Tensions
Late in the day, Dow futures fell 59.00 points, or 0.11%, to 52,611.00, while S&P 500 futures were little changed at 7,548.25 and Nasdaq 100 futures rose 19.50 points, or 0.06%, to 30,543.00 as of around 8:53 p.m. EDT.
In commodities, WTI crude oil rose 0.78% to $70.04 per barrel, while Natural gas futures fell 0.79% to $3.249 per MMBtu.
Brent crude futures for August delivery, the global benchmark, edged lower to $72.92 per barrel. The contract fell about 21% in June, marking its steepest monthly decline since March 2020, according to CNBC.
