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geopoliticsbearishWTIPublished Jun 15, 2026, 6:00 AM

Oil Prices React to US-Iran De-escalation and Supply Concerns

Oil Prices React to US-Iran De-escalation and Supply Concerns
Brent crude fell nearly 3% to lowest since March on peace deal optimism, while earlier threats and strikes had pushed prices up nearly $2; defense and safe-haven assets like gold saw mixed flows. Markets expect potential sanctions relief boosting supply.

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