Brent Eyes $100 as Ceasefire Deadline Looms
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Article Context
Oil markets are on edge as delayed U.S.-Iran talks and Trump’s warning on the ceasefire raise the risk of renewed conflict, with Brent crude potentially spiking back toward $100 per barrel. Oil Whiplash, Gas Freefall: LNG Shrugs Off Hormuz Chaos - Crude oil prices have spent most of March-April seesawing up and down, reacting to Iran’s closure of the Strait of Hormuz and Donald Trump’s Truth Social posts. Global LNG prices have been declining for the past four weeks, defying upward swings in other commodities. - Northeast Asia’s…
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