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Oil slides on Iran supply prospects as traders await Warsh's guidance
WTI crude drops roughly 5% to $80 per barrel on US-Iran diplomacy hopes as traders price in no rate change at Kevin Warsh's first FOMC meeting in June 2026.
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gulfnews.com
Oil slides over 4% on US–Iran deal hopes as WTI crashes to $81 — traders bet on peace easing supply fears
Markets bet on renewed Iranian exports, sending WTI and Brent sharply lower
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cryptobriefing.com
Oil slips 4% as US and Iran reach peace deal to reopen Strait of Hormuz
Oil prices drop 4% after the US and Iran agree to reopen the Strait of Hormuz within 30 days, with WTI crude falling to the $81-85 range and crypto markets
