Oil prices dropped on Friday as traders bet on de-escalation after Trump offered to meet Iran's leader. Brent crude settled at $93.09, down 2.04%.
Iran's supreme leader orders enriched uranium kept domestically, complicating peace talks and impacting oil, bonds, and currencies.
Crude oil prices remain elevated above $100 as a fragile ceasefire stumbles, with inflation fears adding upward pressure. Our analysis examines the market dynamics.
US 10-year Treasury yield edges lower amid geopolitical strife; 2-year and 30-year yields also fall.
Crude oil prices eased amid renewed speculation about Kevin Warsh as next Fed chair and planned U.S. geopolitical talks.