Iran Leader Khamenei Rejects Export of Enriched Uranium

This news may cause an increase in oil prices, leading to a rise in energy costs. This situation may trigger a risk-aversion trend in global markets. Turkish markets may also be negatively affected by this development, particularly as Turkey is an energy-importing country, which could lead to increased inflationary pressures. Therefore, it is likely that markets will move downward in the short term.

Iranian leader Khamenei's rejection of shipping uranium abroad could create uncertainty in energy markets, potentially driving oil prices higher. Although Brent crude oil has experienced a nearly 1% decline over the past 24 hours, prices are expected to move upward in the short term. The RSI14 indicator stands at 53, in neutral territory. However, the MACD and MACD signal lines are in negative territory and diverging, which may indicate a short-term recovery.

The news reflects Iran's rigid stance in nuclear negotiations, potentially increasing the geopolitical risk premium. WTI is trading at $100.76, with RSI at 54.6 in neutral territory, while MACD supports an upward trend above the signal line. Although the price is above the 20-day moving average ($98.96), it remains below the 50-day average ($101.60), creating short-term resistance. Geopolitical tensions and mildly bullish technical signals support an upward move in the near term, but confidence is moderate due to the absence of overbought conditions and the possibility of limited news impact.

Although the news increases geopolitical tension and raises uncertainty over oil supply, XOM stock presents a technically weak outlook. The RSI is below 40, and the price is trading below the 20-day moving average, indicating short-term pressure. The MACD is below the signal line, and momentum is in negative territory. Therefore, the positive impact of the news may be limited, and the bearish trend could prevail.