WTI Crude Oil Dips Amid Market Uncertainty Over Trump's Iran Comments
West Texas Intermediate (WTI), the US crude oil benchmark, has dipped to around $89.00 during early Asian trading hours on Wednesday.
This decline comes as markets weigh in on US President Donald Trump's comments regarding potential talks with Iran at the United Nations General Assembly in New York City.
Trump stated that Washington held three-hour discussions with Iran's delegation, describing the meeting as 'very good.'
The Houthis launched a ballistic missile attack on Saudi Arabia over the weekend, targeting Riyadh and the port city of Yanbu, which serves as a key oil export terminal.