Oil Prices Plunge 7% on US-Iran Diplomacy Signals
Oil prices plunged nearly 7% after Washington and Tehran signaled they would give diplomacy a chance, wiping out part of the war premium. Brent fell $7.85 to $105.60 per barrel and WTI dropped $7.20 to $96.92.
Original · OilPrice.com AI summary of public reporting
Why: US-Iran diplomacy signals reduce war premium
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Prices since publication
At publication → CurrentBRENTOIL105.12 → 104.53−0.6%
CL96.91 → 96.09−0.8%