EnergyCriticalConfirmedAccelerating
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Brent crude hits $100/bbl as Houthi strikes on Saudi tankers disrupt Red Sea transit
OilPrice.com·SA · YE · IR·1 day ago
WTI crude prices declined to $84.20 per barrel as markets reacted to a reported pause in US military strikes against Iran. The correlation between the de-escalation of regional tensions and the price drop suggests a reduction in the geopolitical risk premium previously priced into energy markets.