EnergyHighConfirmedAccelerating
10.0
Brent crude exceeds $100/bbl as U.S.-Iran diplomatic de-escalation fails
OilPrice.com·US · IR · GB·2 days ago
Global markets are pricing in a reduction of geopolitical risk premium following a sustained pause in direct hostilities between Iran and the United States. The decline in oil prices and the dollar reflects a shift away from safe-haven assets as immediate escalation fears recede.