The Story
News Summary
- Crude oil prices dropped sharply following a joint framework announced by Iran and Oman to enhance navigation safety in the Strait of Hormuz.
- The reduced geopolitical supply risk weighed heavily on oil benchmarks and pushed European government bond yields lower.
Explore WTI price history & advisor snapshot
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Stored market data
WTI price history
102.47
+73.12% over the displayed period
Advisor Snapshot
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