Citi Reaffirms Bullish Outlook on Oil Amid Stalled U.S.-Iran Talks

Citi analysts have maintained their bullish stance on oil prices due to ongoing geopolitical tensions and stalled diplomatic progress between the United States and Iran. Despite a recent ceasefire agreement involving Israel and Lebanon, oil markets remain supported by concerns over low global inventories.

By Fiona Craig Sun, June 7, 2026 at 2:01 PM GMT+3 3 min read · Yahoo Finance ·

Citi Reaffirms Bullish Outlook on Oil Amid Stalled U.S.-Iran Talks

Tickers: $C

Topics: Brent crude Citi analysis oil prices U.S.-Iran relations

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