Crude oil prices plunged on Thursday after U.S. President Donald Trump recalled earlier orders to attack Iran hard, reversing yesterday's surge. The move reflects a lower immediate geopolitical risk premium in oil markets. The news is likely to influence energy prices and broader commodity sentiment.
Crude oil prices plunged on Thursday after U.S. President Donald Trump recalled earlier orders to attack Iran hard, reversing yesterday's surge. The move reflects a lower immediate geopolitical risk premium in oil markets. The news is likely to influence energy prices and broader commodity sentiment.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.35