Texas Oil Slips 0.75% to $102 as Middle East Diplomacy Awaited

WTI crude fell 0.75% to $102 per barrel on Wednesday, reflecting market caution as traders await diplomatic developments in the Middle East. The decline suggests easing supply fears, but the direction hinges on whether diplomacy advances or stalls. This move signals a modest risk-on tilt in energy markets, though volatility remains high.

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