OIL AND GAS SLIDE ON US–IRAN DEAL REPORTS
Energy prices fall sharply after Al-Araby Al-Jadeed reported progress toward a US–Iran agreement involving nuclear concessions and frozen funds.
Market reaction:
🔸 Brent: -2.8% to $101.80
🔸 WTI: -1.8% to $94.73
🔸 TTF Gas: -6.7% to €88.49/MWh
Caution: Reports remain unconfirmed. The outlet previously reported diplomatic progress that failed to materialize.
$CL
$BZ
Energy prices fall sharply after Al-Araby Al-Jadeed reported progress toward a US–Iran agreement involving nuclear concessions and frozen funds.
Market reaction:
🔸 Brent: -2.8% to $101.80
🔸 WTI: -1.8% to $94.73
🔸 TTF Gas: -6.7% to €88.49/MWh
Caution: Reports remain unconfirmed. The outlet previously reported diplomatic progress that failed to materialize.
$CL
$BZ