🚨 JUST IN 🚨
🇺🇸🇮🇷 Brent crude oil falls nearly 5% as the US and Iran move closer toward a potential deal to reopen the Strait of Hormuz and reduce war tensions.
🛢️ Oil markets reacted sharply after reports of progress in peace negotiations, easing fears of prolonged supply disruptions.
📉 Brent Crude dropped below the $100 mark, while WTI also saw heavy selling pressure as traders priced in lower geopolitical risk.
⚠️ However, markets remain highly sensitive, and volatility may continue until official confirmation and implementation of any agreement.
farah khan
