Extending the losses from yesterday, crude oil prices have plummeted on Tuesday as investors saw the U.S. administration’s move to completely isolate Iran economically in lieu of military strikes as a beginning sign for easing of gulf tensions.
WTI Crude Oil for October month delivery was last seen trading down by $2.83 (or 3.33%) at $82.18 per barrel.
Yesterday, the six-month-long U.S.-Iran conflict entered a significant phase of escalation.
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Market Analysis
Crude Oil Plunges As War Concerns Ease After U.S. Moves To Pressure Iran Economically
2026-08-25 18:42:07
