WS #12832
Reports that the U.S. and Iran are pausing attacks and resuming diplomatic talks have sent oil prices crashing over 6%, with WTI below $84 and Brent near $90, countering the prior bullish oil thesis from Houthi strikes on Saudi infrastructure.
U.S.-Iran De-escalation and Oil Price Collapse
Reports that the U.S. and Iran are pausing attacks and resuming diplomatic talks have sent oil prices crashing over 6%, with WTI below $84 and Brent near $90, countering the prior bullish oil thesis from Houthi strikes on Saudi infrastructure.