WS #11756
WTI crude falls 2.2% to ~$71.88 as tanker traffic continues through Strait of Hormuz despite US-Iran strikes, energy stocks sell off. White House directs Commerce Secretary and USTR to negotiate agreements on commercial aircraft, jet engines, and parts imports citing national security.
Oil price pullback reduces geopolitical risk premium
WTI crude falls 2.2% to ~$71.88 as tanker traffic continues through Strait of Hormuz despite US-Iran strikes, energy stocks sell off.
White House directs Commerce Secretary and USTR to negotiate agreements on commercial aircraft, jet engines, and parts imports citing national security.