WS #12913
Brent crude falls ~8% to $81.34 on hopes of US-Iran conflict easing, but Iran rejects Trump's frozen funds plan and threatens to ban ships from Hormuz, creating a counter-signal that could reverse the decline.
Oil price collapse and Iran counter-signal
Brent crude falls ~8% to $81.34 on hopes of US-Iran conflict easing, but Iran rejects Trump's frozen funds plan and threatens to ban ships from Hormuz, creating a counter-signal that could reverse the decline.