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Brent settled at $94.79 a barrel, down $4.57 or 4.6%, and WTI finished at $91.20, down 7.87%, on Tuesday. Prices fell on hopes Iran would resume talks with the US.
Hopes for renewed talks reduce the war risk premium in crude, lowering energy costs. Price moves are routine commentary on expectations rather than a new supply change.
reuters.comApr 13, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
