Brent slips 2.3% to $105 as US-Iran tensions cap gains

Brent crude fell 2.3% to $105.14 after briefly topping $108, as US-Iran tensions continue to inject volatility. Prices remain sharply elevated from February's $72 level, reflecting sustained geopolitical risk premium. The pullback suggests some profit-taking or easing of immediate supply fears, but the underlying conflict-driven upward pressure persists.