Oil Dips On Diplomacy, But Supply Risks Still Linger
TD Wealth·2026-06-25·via All Articles on Seeking Alpha
Summary
Oil has moved lower on peace plan hopes and technical trading.
Supply may remain constrained due to difficulties restarting Middle East production.
The future path will be dependent on whether the peace plan holds or not.
Torsten Asmus/iStock via Getty Images
Oil has fallen to its lowest level since March as U.S.-Iran tensions ease, but markets may be moving too fast in pricing a full supply recovery, says Hussein Allidina, Head of Commodities with TD Asset Management. He joins