Oil drops more than 5% as Trump signals Iran talks despite Tehran denial [CNBC]
Goldman Sachs Group, Inc. (The) (GS)
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Source: CNBC
Iran denied direct talks, leaving traders to parse mixed signals on diplomacy. Goldman said crude was trading on geopolitical risk as supply fears stayed elevated. An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran's Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are “in negotiations right now” and indicated Iran is keen to reach a peace agreement , despite the Islamic Republic denying any direct talks with the U.S. International benchmark Brent crude futures fell nearly 6% to $98.31 per barrel, while U.S. West Texas Intermediate futures were also down 5% at $87.65 per barrel. Speaking from the Oval Office, Trump said he had pulled back from his earlier threat to launch strikes on Iranian energy infrastructure “based on the fact we're negotiating.” “They're talking to us, and t
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Earnings
- 1/16/26 - Beat
GS
Sec Filings
- 3/24/26 - Form 424B2
- 3/24/26 - Form FWP
- 3/24/26 - Form FWP
- GS's page on the SEC website