US, Brent crude futures fall over $4 amid geopolitical tensions
Photo: Crypto Briefing
US and Brent crude oil futures experienced a significant drop, with prices falling by more than $4 a barrel. This decline comes as the oil markets weigh various geopolitical factors, including diplomatic efforts involving Iran and Ukraine. Before this decrease, Brent crude was between $103 and $104, while West Texas Intermediate (WTI) futures were around $95 to $96. Both benchmarks had already seen their lowest closes in several weeks. The price movement appears consistent with market sentiment that is less supportive of crude oil reaching new all-time highs in the near term.
Source: Crypto Briefing
