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Commodities

Brent Crude Falls Below $100 Amid U.S.-Iran Talks, Ongoing Supply Concerns

Guavy AI Editorial Team
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Oil
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Brent crude oil prices fell to below $100 on September 27 as U.S.-Iran talks reduced the immediate war premium, but WTI crude rose due to ongoing supply concerns from the closed Strait of Hormuz.

The energy sector faced selling pressure, with most U.S. energy stocks declining amid uncertainty over crude prices and refined products.

Shipping through the Strait remains well below pre-war levels, leaving the oil market exposed to further supply disruptions.

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