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Oil Steadies as Trump Extends Energy-Attack Pause

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsSanctions & Export ControlsMarket Technicals & Flows

President Trump delayed a deadline for striking Iran’s energy sector, reducing near-term geopolitical risk and leaving oil prices to steady. Brent crude is still on track for a record monthly gain in March, indicating continued strength in the market despite the eased immediate threat.

Analysis

President Trump delayed a deadline for striking Iran’s energy sector, reducing near-term geopolitical risk and leaving oil prices to steady. Brent crude is still on track for a record monthly gain in March, indicating continued strength in the market despite the eased immediate threat.

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