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Commodities

Brent Crude Slides Below $84 as US-Iran Tensions Ease

Guavy AI Editorial Team
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Oil
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Brent crude oil prices have fallen below $84 per barrel due to easing tensions between the US and Iran, following a meeting between President Trump and Israeli PM Netanyahu.

The price drop comes after a period of intense tit-for-tat strikes that had previously disrupted shipping lanes through the Strait of Hormuz.

President Trump maintained that a strong military posture remains an option but signaled a preference for diplomatic engagement over military confrontation regarding Iran, which has calmed immediate market fears.

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