WTI Crude Falls to $103, Brent Slips on Trump Iran Strike Pause

GateNews
WTI crude futures slipped to $103 per barrel on Tuesday, while Brent crude hovered near $110, after President Donald Trump paused a planned military strike on Iran. The move eased immediate supply concerns as Gulf allies—Saudi Arabia, Qatar, and the United Arab Emirates—reportedly urged Washington to delay action, citing progress in negotiations. Trump signaled that "serious talks" were underway, injecting fresh optimism into markets. However, underlying risks persist: the Strait of Hormuz faces operational constraints from both U.S. and Iranian forces, limiting crude flows and keeping global energy markets on edge.
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