Oil rises as markets rebound on US Treasury debt buyback plan

🇺🇸 Euronews (US) —

AI Summary

Oil prices remain near multi-week highs as global markets rebound following the US Treasury debt buyback plan. This occurs amid a continued deadlock between the US and Iran affecting geopolitical stability.

Global shares rebounded and bond yields eased after Washington's debt buyback announcement, while oil held near multi-week highs amid the deadlocked US-Iran standoff

Markets Commodities Energy oil prices US Treasury debt buyback US-Iran relations market rebound commodities

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