Asia markets set to open higher as hopes for a U.S.-Iran deal rise and oil prices drop

West Texas Intermediate fell 2.39% to $88.94 per barrel, while Brent crude dropped more than 4% to $94.79 per barrel on Tuesday. The move signals a notable pullback in crude prices, which is mildly negative for energy markets and commodity-linked assets. The article is purely price action with no stated catalyst.

Analysis

West Texas Intermediate fell 2.39% to $88.94 per barrel, while Brent crude dropped more than 4% to $94.79 per barrel on Tuesday. The move signals a notable pullback in crude prices, which is mildly negative for energy markets and commodity-linked assets. The article is purely price action with no stated catalyst.