WS #12873
Trump confirms US-Iran talks, pause in strikes, leading to ~8.7% drop in Brent crude and ~7.5% drop in WTI, with broad market implications. Houthi drone attacks on Saudi Aramco facilities and Ukraine strikes on Russian oil infrastructure add supply-side noise.
US-Iran De-escalation and Oil Plunge
Trump confirms US-Iran talks, pause in strikes, leading to ~8.7% drop in Brent crude and ~7.5% drop in WTI, with broad market implications.
Houthi drone attacks on Saudi Aramco facilities and Ukraine strikes on Russian oil infrastructure add supply-side noise.