Ceasefire Broken Oil Markets React | Denver News

The U.S.-Iran ceasefire is officially dead, sending shockwaves through oil markets after retaliatory strikes and President Trump’s declaration that negotiations were a waste of time. While prices have spiked, they remain far below the $120-per-barrel peak of last year’s turmoil. Traders remain cautious, betting on potential export disruptions but wary of sudden shifts in sentiment. The Strait of Hormuz — a vital energy chokepoint — now hangs in the balance, with analysts watching for signs of escalation or diplomatic maneuvering. Though Trump’s tough talk may be more posturing than policy, markets still hold out hope for a deal — and a slower, steadier climb in prices. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ae44153b76f4554d