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WTI crude oil fell 4% intraday, currently trading at $93.14 per barrel. Brent crude oil fell below $97 per barrel, down 3.48% intraday. In terms of news, the US and Iran reached an agreement on gradually opening the Strait of Hormuz in exchange for e

2026-05-07

WTI crude oil fell 4% intraday, currently trading at $93.14 per barrel. Brent crude oil fell below $97 per barrel, down 3.48% intraday. In terms of news, the US and Iran reached an agreement on gradually opening the Strait of Hormuz in exchange for easing their maritime blockade.

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