Brent Falls After Trump Signals Eased Iran Stance

Brent crude declined after President Trump's latest remarks on Iran suggested a potential softening of U.S. policy, reducing immediate supply-risk premium. The market is pricing lower odds of disruption to Strait of Hormuz flows, though the exact wording and follow-through remain unconfirmed. This marks a reversal from recent hawkish rhetoric and could pressure oil prices further if sustained.