Oil Slides on US-Iran Peace Hopes as Gold Jumps 2%
June 15, 2026·4 days ago·via Moneycontrol.com
Oil is tumbling as markets bet on possible US-Iran peace deal hopes, while gold is rallying 2% on safe-haven demand. The move underscores how quickly geopolitics can swing commodity prices. Traders are weighing the impact of any thaw in tensions on crude supply and risk appetite. For now, metals are catching a bid even as energy prices lose steam. Read more about this...