Oil Prices Slide as Netanyahu Signals Iran War Could End Soon

Oil prices pulled back sharply on Friday, reversing part of the previous session’s surge, after Israeli Prime Minister Benjamin Netanyahu suggested the Iran war could end sooner than expected. At the time of writing, West Texas Intermediate crude was trading at $92.57, down 3.12%, while Brent crude stood at $105.18, down 3.19%. The latest decline follows a volatile 24-hour period in which oil prices surged dramatically on the back of an Israeli attack on the South Pars gas field and an Iranian attack on energy infrastructure across the region.…