Loading…
Oil fell on Wednesday after Trump said Washington and Tehran were in negotiations, although Iran denied direct talks. Brent declined 2.2% to $102.22 and WTI slipped 2.2% to $90.32.
The New York Times reported a 15-point U.S. peace proposal delivered through Pakistan.
Mixed diplomatic signals keep geopolitical risk premium in crude, so energy costs and biofuel feedstock demand remain volatile for feed buyers.
cnbc.comLee Ying Shan, Sam MeredithMar 25, 2026After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
