Brent crude plunges 8.9% to $94.29, lowest since September 4, as traders price in end to Iran war

Brent crude plunged 8.9% to $94.29 per barrel in Wednesday trading, its lowest level since September 4, while US WTI fell 7.8% to $88.54. Traders are pricing in a potential end to the Iran war as Middle East oil exports rebound sharply.

Detected & updated continuously · Source: Nebula