Brent crude slips slightly as supply risks and geopolitical tensions keep market volatile
Image GMS Interneer
Oil prices edged lower after U.S. President Donald Trump said the war with Iran could end “very quickly,” easing some market concerns. Brent crude fell 0.4% to $110.83 a barrel, while WTI dropped 0.3% to $103.88.
Despite the decline, prices remain elevated due to uncertainty over peace talks and ongoing supply disruptions in the Middle East. Analysts warn that tensions and potential supply shocks, including risks around the Strait of Hormuz, could keep oil markets volatile in the near term.
