🔴 World Energy ETF (5MVW.DE) is trading 3.18% down as oil slips on U.S.-Iran diplomacy hopes

5MVW.DE is trading at €9.19, a -3.18% move, as oil slipped while investors weighed hopes for U.S.-Iran diplomacy.

• Early reports showed oil prices moving both ways during the session.
• Falling crude pressured oil-linked shares, while geopolitical uncertainty and a reported U.S. inventory drawdown offered some support.