Oil prices dropped more than $1 early Thursday as markets awaited a U.S. presidential address by Donald Trump that could signal a U.S. pullback from the Iran conflict. The move reflects an easing of geopolitical risk and puts near-term downward pressure on oil and energy-sector equities. Monitor the address for directional signals that could drive further commodity and sector volatility.
Oil prices dropped more than $1 early Thursday as markets awaited a U.S. presidential address by Donald Trump that could signal a U.S. pullback from the Iran conflict. The move reflects an easing of geopolitical risk and puts near-term downward pressure on oil and energy-sector equities. Monitor the address for directional signals that could drive further commodity and sector volatility.
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