UBS On-Air: Paul Donovan Daily Audio 'Managing a “no deal” world'

UBS On-Air: Paul Donovan Daily Audio 'Managing a “no deal” world'

June 1, 2026 · 3 min

About this episode

The episode discusses the impact of the lack of progress in the Iran-US agreement on oil prices and investor sentiment.

Oil prices have edged higher on the lack of any discernible progress toward an Iran-US agreement. As with reports of an imminent deal last week, the reaction is muted. A jaded cynicism has come over investors, and in the absence of a definite statement from Iran there is a tendency to downplay comments from the US administration.

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