Crude Oil (WTI)

WTI crude oil futures rebounded to $66.2, recovering from two consecutive sessions of decline as traders assess geopolitical supply risks and global demand uncertainty.

🛢️ Key Drivers:

• Focus on upcoming US–Iran nuclear talks

• Rising concern over Strait of Hormuz supply disruption (20% of global oil flow)

• New US global tariffs raising demand slowdown risks

📊 Market Outlook:

Geopolitical tensions keep supply risk premium elevated, while tariffs cap upside due to demand concerns. Expect volatile, headline-driven price action.

For more : https://t.co/2BkxilNbVF

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