Oil Prices Drop Amid Uncertainty Over U.S.-Iran Ceasefire Extension
Oil prices fell slightly as uncertainty over the U.S.-Iran conflict persisted following the extension of a temporary ceasefire. Brent crude and WTI futures both declined, with Brent dropping 0.68% to $97.81 per barrel and WTI falling 0.29% to $89.04 per barrel. The ceasefire extension highlights ongoing tensions and lack of diplomatic progress.
Topics: ceasefire geopolitical tensions market reactions oil prices U.S.-Iran conflict