Oil prices rose and gold hit a two-month high as markets reacted to President Trump's new demands in negotiations with Iran, according to the Guardian's live updates.
Market Movements
Brent crude climbed by 1.2% to $72.15 a barrel, while West Texas Intermediate gained 1.1% to $68.40. Gold reached $2,450 an ounce, its highest level in two months.
Trump's Iran Demands
The moves came after Trump made new demands in talks with Iran, though details of the demands were not immediately disclosed. The Guardian's live blog noted that traders were closely watching the situation for potential supply disruptions.
Investors were also monitoring broader geopolitical tensions and their impact on energy markets. The rise in gold was attributed to safe-haven buying amid uncertainty over the negotiations.
