WS #12917
Crude oil down over 5% as US and Iran refrain from further attacks and talks on Strait of Hormuz raise hopes of restored shipping flows, countering previous supply disruption fears. Trump held separate meetings with Zelenskyy and Netanyahu, focusing on defense cooperation and diplomatic efforts, potentially impacting defense and energy markets. Yemeni missiles struck a Saudi Aramco fuel depot in Yanbu, the fourth attack on Saudi oil facilities in 72 hours, threatening oil supply stability.
Oil prices plunge on US-Iran de-escalation hopes
Crude oil down over 5% as US and Iran refrain from further attacks and talks on Strait of Hormuz raise hopes of restored shipping flows, countering previous supply disruption fears.
Trump held separate meetings with Zelenskyy and Netanyahu, focusing on defense cooperation and diplomatic efforts, potentially impacting defense and energy markets.
Yemeni missiles struck a Saudi Aramco fuel depot in Yanbu, the fourth attack on Saudi oil facilities in 72 hours, threatening oil supply stability.