Oil Markets Stop Believing Trump’s Peace Narrative

OilPrice.comJune 5, 2026 at 3:20 PM

Fresh strikes on Kuwait and Oman undermine hopes of a U. S. -Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress.

Friday, June 05, 2026 This week’s strikes on Kuwait and the Friday morning attack on Oman have dented hopes for a de-escalation between US and Iran following the much-publicized Israel-Lebanon ceasefire.

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Original source: OilPrice.com

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