Oil Dives as Trump Signals Iran Pause, Easing Market Risk
TL;DR Summary
Oil fell the most since October after President Trump signaled he may hold off on attacking Iran, easing near-term supply fears as Brent slipped below $64 a barrel and WTI traded around $60. Traders pointed to Iran’s apparent de‑escalation, a reduced risk premium, and ongoing disruptions to Kazakh, Venezuelan, and shipping flows as drivers of volatility, with bullish options activity adding to the price swings.
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- Stock Market Today: Nasdaq Futures Rise; Oil Skids After Trump Dials Down Iran Tension— Live Updates The Wall Street Journal
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