US-Iran talks resumed, triggering a sharp drop in oil: WTI fell from a Globex gap above $100 per barrel to lows not seen since March 11. The move reflects a rapid unwind of a geopolitical risk premium and heightened intraday volatility in energy markets. Expect easing pressure on inflation and consumer-facing sectors, with downside pressure on oil producers and energy equities.
US-Iran talks resumed, triggering a sharp drop in oil: WTI fell from a Globex gap above $100 per barrel to lows not seen since March 11. The move reflects a rapid unwind of a geopolitical risk premium and heightened intraday volatility in energy markets. Expect easing pressure on inflation and consumer-facing sectors, with downside pressure on oil producers and energy equities.
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