WTI drops 4.5% to $95.78 as Trump signals openness to Iran talks

WTI crude fell 4.5% to $95.78 after President Trump expressed willingness to negotiate with Iranian President Pezeshkian, raising expectations of reduced geopolitical risk premium. The drop reflects market speculation that diplomacy could ease supply concerns, though no concrete talks have been confirmed. This marks a notable shift in US-Iran rhetoric, potentially impacting oil supply dynamics.