Oil slumped 10% in the week’s opening session and then steadied after President Donald Trump backed down from strikes against Iran’s energy infrastructure. The de-escalation removed near-term supply-shock risk, prompting a sharp repricing in oil and easing geopolitical risk for energy and broader markets.
Oil slumped 10% in the week’s opening session and then steadied after President Donald Trump backed down from strikes against Iran’s energy infrastructure. The de-escalation removed near-term supply-shock risk, prompting a sharp repricing in oil and easing geopolitical risk for energy and broader markets.
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