Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Brent Crude Drops Below $100 Amid US-Iran Truce Talks

Guavy AI Editorial Team
Instruments
Oil
Share

Brent crude oil prices dropped below $100 due to reduced geopolitical risk after U.S.-Iran truce talks. However, WTI crude rose by nearly $1 to above $93 as supply concerns persist.

The Strait of Hormuz remains effectively closed, with shipping through the waterway significantly below pre-war levels. This leaves the oil market vulnerable to further supply disruptions.

U.S.-energy stocks declined amid uncertainty over crude prices and refined products, with MPLX falling 2.04% to $56.80, Williams Companies declining 1.87% to $69.26, and EOG Resources dropping 1.76% to $140.35.

More on Commodities

Commodities 3m ago

Asian Stocks Trade Mixed Amid Rebounding Oil Prices

Commodities 3m ago

Trump Rejects Iran's Proposal, Brent Crude Prices Surge

Commodities 3m ago

Oil Prices Rise on Doubts Over US-Iran Peace Talks

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy