Oil Hits $105 But Markets Shrug Off US-Iran Deadlock

Channelstv | 12-05-2026 07:57pm |

Oil prices have surged to $105 per barrel, yet financial markets appear unfazed by the ongoing deadlock between the United States and Iran. Former President Donald Trump has expressed concerns that Iran's refusal to comply with U.S. demands has significantly weakened the existing ceasefire. Despite these geopolitical tensions, market reactions suggest a level of resilience, indicating that investors may be focusing on other economic factors influencing oil supply and demand.

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