Brent holds below $114 as Middle East diplomacy assessed

Brent crude remains under $114/bbl as traders weigh diplomatic efforts to resolve the Middle East conflict. The price action reflects uncertainty over whether ceasefire talks will hold, with supply risk premium partially unwinding. A sustained break below this level would signal reduced geopolitical risk, while failure to progress could re-tighten the market.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works