Oil Prices Edge Down While Stock Futures Inch Up

Oil Prices Edge Down While Stock Futures Inch Up

The New York Times business

Key Points:

  • Oil prices declined slightly while S&P 500 futures rose modestly as investors responded to ongoing uncertainty in U.S.-Iran negotiations.
  • President Trump stated he was reviewing an Iranian peace proposal but expressed skepticism about its acceptability.
  • On Sunday evening, Trump indicated potential progress in removing non-conflicted ships from the Strait of Hormuz, a key oil transit route.
  • The U.S. plans to begin efforts Monday morning to clear ships not involved in the conflict from the strait, though details on the process remain unclear.

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