WS #13357
Holding: newest synthesis is 99d 16h old
Trump holds off on Iran strikes, US-Iran talks ongoing, and Iran-Oman Hormuz route negotiations near completion, driving Brent crude down ~4.7% to ~$83.77 and boosting risk assets. Trump criticizes Chevron and ExxonMobil for making 'too much money' from high oil prices, demanding they cut retail prices, creating headwinds for energy majors.
US-Iran de-escalation and oil price drop
Trump holds off on Iran strikes, US-Iran talks ongoing, and Iran-Oman Hormuz route negotiations near completion, driving Brent crude down ~4.7% to ~$83.77 and boosting risk assets.
Trump criticizes Chevron and ExxonMobil for making 'too much money' from high oil prices, demanding they cut retail prices, creating headwinds for energy majors.