Oil prices tumbled over 4% to $107.96 per barrel as Pakistan's Prime Minister requested a two-week extension of U.S.-Iran negotiations, easing immediate concerns over potential strikes on Iranian energy infrastructure that had pushed WTI futures above $117 earlier amid escalating military tensions.
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Oil Prices Plunge After Pakistan Requests Extension of Negotiations

Oil prices tumbled over 4% to $107.96 per barrel as Pakistan's Prime Minister requested a two-week extension of U.S.-Iran negotiations, easing immediate concerns over potential strikes on Iranian energy infrastructure that had pushed WTI futures above $117 earlier amid escalating military tensions.

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