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Brent crude drops to $100 on potential US-Iran deal speculation

By Estefano Gomez

Market sentiment shifts as potential U.S.-Iran deal reduces geopolitical risk, impacting oil price forecasts and global supply expectations. The post Brent crude drops to $100 on potential US-Iran deal speculation appeared first on Crypto Briefing.

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Crude oil

Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.

Oil prices feed into fuel, transport and goods costs, and so into inflation.

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Geopolitical tensions influence trade, energy prices and security around the world.

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