Brent crude slides below $90 after new Iran sanctions land
Brent crude fell below $90 a barrel and WTI dropped 2.4% after new Iran sanctions landed, with oil selling off despite a bullish headline as the move was seen as already priced in. Global equities advanced as falling bond yields and the crude decline supported markets.
Detected & updated continuously · Source: Nebula
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@MEXC
The headline looked bullish. Oil still sold off 👀 🛢️ WTI: -2.4% 🛢️ Brent: -2.4% New Iran sanctions landed after crude had already rallied into the news. Priced in, or more downside ahead? 👇
@BuellerTrading
Need to know market risk $SPY $QQQ $IWM Global equities advanced as chipmakers rebounded and falling bond yields added support after Brent crude slid below $90 a barrel.
@garyblack00
U.S. equities rose pre-market ahead of NVDA earnings, July PCE data, and Fed Chair Warsh’s Jackson Hole speech amid inflation concerns and stubbornly high long-dated Treasury yields. Brent crude fell, while BTC gained; gold and silver declined. Chip stocks rebounded on AI