WS #12791
US strikes on Iran paused, negotiations underway, triggering Brent -5.24% to $86.8 and US oil -8%+, with equity futures rallying and Treasuries gaining. Ukraine struck an Iranian commercial vessel in the Caspian Sea, prompting Tehran to accuse Kyiv of a 'hostile and criminal act,' adding a new dimension to the conflict.
US-Iran De-escalation and Oil Price Collapse
US strikes on Iran paused, negotiations underway, triggering Brent -5.24% to $86.8 and US oil -8%+, with equity futures rallying and Treasuries gaining.
Ukraine struck an Iranian commercial vessel in the Caspian Sea, prompting Tehran to accuse Kyiv of a 'hostile and criminal act,' adding a new dimension to the conflict.