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

Oil Prices Plummet on Trump's Iran Negotiation Optimism

Guavy AI Editorial Team
Instruments
Oil
Share

Global oil prices plummeted on Wednesday following US President Donald Trump's comments suggesting that negotiations with Iran are nearing a final stage. This development has raised hopes of a diplomatic breakthrough that could ease global supply risks.

The Brent crude price fell by $6.64 (5.97%) to $104.64 per barrel, while the US West Texas Intermediate (WTI) dropped $6.49 (6.23%) to $97.66 per barrel.

Trump also warned that further action could follow if Iran rejects the proposed deal, keeping markets cautious despite optimism over easing tensions.

More on Commodities

Commodities 6m ago

Revised CBG Pricing in India Sees 43% Increase but Gas Consumers Protected

Commodities 6m ago

SandRidge Energy Stock Trades Steady at $13.96 with $517M Market Value

Commodities 7m ago

$1.5 Billion Budget Error Sparks Calls for Accountability in B.C. Government

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