Brent crude slides over 4% as US-Iran tensions ease
Markets reports Brent crude falls more than 4% toward $88 a barrel, extending a 2.4% drop from the prior session as US-Iran tensions show signs of easing.
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Crude oil extends losses below $82 amid easing US-Iran tensions
Crude oil falls more than 3% to below $82 a barrel, extending Monday’s move after a 2.4% drop in the prior session as US-Iran tensions show signs of easing.
European natural gas falls below €67/MWh after 3½-year peak
European natural gas prices fall below €67 per megawatt-hour, easing from Monday’s 3½-year high of €68.46 as de-escalation prospects for US-Iran improve amid ongoing LNG and weather-driven demand concerns.
Iran warns new U.S. sanctions would be an act of war
Iran warns that support for new U.S. sanctions would constitute an act of war and threatens retaliation against oil shipping routes, as U.S. Treasury Secretary Bessent plans new Iran measures on Monday and Pakistan’s army chief visits Tehran for de-escalation talks.
Pakistan army chief to visit Tehran on Monday
Iran’s foreign ministry spokesperson says Pakistan’s army chief will visit Tehran on Monday, citing an Iran foreign ministry Telegram post.