Brent crude for August delivery fell 0.8% to $92.32 a barrel after reversing earlier gains when the U.S. military said it had completed its latest airstrikes targeting Iran. WTI crude futures also slipped 0.5%, reflecting a modestly risk-off response in oil markets to the geopolitical developments. The move is relevant for energy prices and near-term crude volatility.
Brent crude for August delivery fell 0.8% to $92.32 a barrel after reversing earlier gains when the U.S. military said it had completed its latest airstrikes targeting Iran. WTI crude futures also slipped 0.5%, reflecting a modestly risk-off response in oil markets to the geopolitical developments. The move is relevant for energy prices and near-term crude volatility.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
