Oil and US dollar rising on news that Vance cancelled his trip to negotiate with Iran
Oil and the dollar moved on the Vance cancellation and the direction of both tells the story: markets had been pricing a relatively clean transition from ceasefire to negotiation, and this early stumble has repriced that assumption. The 60-day clock on the MoU’s nuclear talks is now running while the first meeting remains unscheduled, which is not a comfortable…









