WS #12813
US and Iran pause hostilities for third night, oil prices crash 5-6% on reduced geopolitical risk premium, boosting global equities. EU's 21st sanctions package targets Russian banks, crypto, oil traders, and shadow fleet, freezing oil price cap to limit Kremlin revenues.
US-Iran De-escalation and Oil Plunge
US and Iran pause hostilities for third night, oil prices crash 5-6% on reduced geopolitical risk premium, boosting global equities.
EU's 21st sanctions package targets Russian banks, crypto, oil traders, and shadow fleet, freezing oil price cap to limit Kremlin revenues.