Skip to content
Back to Guavy Wire
Commodities

Oil Prices Ease Amid US-Iran Truce Hopes and Middle East Attacks

Instruments
Oil
Share

Crude oil prices declined on Friday as investors weighed the possibility of an easing in US-Iran tensions against continued attacks in the Middle East.

Brent crude futures fell 0.69% to $105.85 a barrel, while West Texas Intermediate (WTI) futures dropped 0.86% to $93.80 a barrel at 0032 GMT.

The market is balancing diplomatic developments between the US and Iran against the risk of further disruptions to energy infrastructure in the region.

US-Iran negotiators are reportedly exploring a phased path toward ending the war, which could involve Iran reopening the Strait of Hormuz and the US easing its economic blockade of Iran.

More on Commodities

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.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc