Brent Crude Plunges 6% on Iran De-escalation Hopes, Supply Glut Fears
Published 2 d ago3 sourcesEvidence: Reported
Oil prices extended losses, with Brent falling 1.74% to below $91 and WTI down 1.8% to around $85. The decline suggests continued bearish sentiment in energy markets, likely driven by demand concerns or supply expectations. Precious metals also edged lower, indicating a broad risk-off tone in commodities.
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