On Bloomberg This Weekend, former US Ambassador to Israel Daniel Shapiro assesses the risk of renewed fighting with Iran after elections in Israel and the US.Source: Bloomberg
Takeaways by Bloomberg AI
Oil retreated as the US and Iran stuck to familiar rhetoric in their conflict, and a technical gauge pointed to overbought conditions.
Brent fell toward $114 a barrel after surging to a six-month high last week, while West Texas Intermediate was below $101. President Donald Trump told Fox News it’s “getting to be decision time” on whether he will make a deal with Tehran or “finish it off.” Iran’s Foreign Minister Abbas Araghchi said “they will not attempt” an attack if rational, referring to the US.
