Yonhap Infomax NewsWTI crude futures dropped 1.59% to $98.53 per barrel in Asian trading as markets anticipated President Trump's address signaling potential end to U.S.-Iran conflict, though analysts warn risk premium may persist without formal ceasefire guaranteeing freedom of navigation in the region.
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WTI Falls Over 1% in Asian Trading to $98 on Hopes for End to Conflict
WTI crude futures dropped 1.59% to $98.53 per barrel in Asian trading as markets anticipated President Trump's address signaling potential end to U.S.-Iran conflict, though analysts warn risk premium may persist without formal ceasefire guaranteeing freedom of navigation in the region.