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Sky Quarry Inc. (NASDAQ:SKYQ) shares are trading lower during Tuesday’s pre-market session. The pullback follows a Monday rally where the stock surged over 37% amid global energy supply fears.
Easing Geopolitical Tensions
The downward pressure comes as diplomatic outlooks shift. On Monday, Vice President JD Vance hinted at a potential path forward regarding stalled talks with Iran.
Vance stated a diplomatic breakthrough is within reach if Tehran meets U.S. “red lines.” He added such an agreement could be “a very, very good deal for both countries.”
Cooling Oil Prices
Energy markets are reacting to these headlines. After Brent crude surpassed $100 per barrel on Monday, …
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