Oil prices plunged more than 10% intraday after President Trump said the Iran war will end soon, with both Brent and WTI tumbling over 10% before partially recovering. The remarks removed a geopolitical risk premium and produced extreme intraday volatility following a dramatic session on Monday, pressuring energy-sector and commodity-linked positions.
Oil prices plunged more than 10% intraday after President Trump said the Iran war will end soon, with both Brent and WTI tumbling over 10% before partially recovering. The remarks removed a geopolitical risk premium and produced extreme intraday volatility following a dramatic session on Monday, pressuring energy-sector and commodity-linked positions.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.30