Oil Edges Lower After Netanyahu Hints Iran Conflict Could End Early
TL;DR Summary
Oil prices pulled back on Friday after Netanyahu suggested the Iran war could end sooner than expected, easing some supply fears after a volatile session of attacks on energy infrastructure. WTI hovered around $92.6 and Brent near $105 after Brent briefly surged above $119. Markets priced in a shorter campaign and potential help from a Strategic Petroleum Reserve release, with talks of easing sanctions on Iranian oil to ease the crunch, while supply disruptions in the Middle East keep prices elevated.
- Oil Prices Slide as Netanyahu Signals Iran War Could End Soon Crude Oil Prices Today | OilPrice.com
- Iran War Live Updates: As Oil and Gas Prices Soar, Trump Seeks to Reassure Americans The New York Times
- Oil Prices Drop as Trump Administration Seeks to Avoid Energy Attacks WSJ
- Oil prices fall after Brent briefly touches $119 as Netanyahu says Israel helping to open Strait of Hormuz CNBC
- Business The Economist
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