🚨 Oil Crashes on Ceasefire News


$WTI crude dropped below $88, down ~7% today, after Trump announced a 10-day Israel-Lebanon ceasefire.
Israel's attacks on Lebanon were a key risk for US-Iran talks, whose sides held their first direct meeting in 34 years this week.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 7
  • Share
Comment
Add a comment
Add a comment
GateUser-dd8dffab
· 3h ago
The news of the first direct talks in 34 years is even more significant, and the market may be betting early on a de-escalation path.
View OriginalReply0
PeacockSpreadsItsFeathersBut
· 3h ago
A 10-day ceasefire sounds like a window period; uncertainty still remains, so don't get too carried away.
View OriginalReply0
0xLateCoffee
· 3h ago
This round of oil prices really cut into the geopolitical premium.
View OriginalReply0
GateUser-382715ed
· 4h ago
A drop in oil prices will also ease inflation expectations, which is considered somewhat positive for U.S. stocks and risk assets?
View OriginalReply0
ZkSketcher
· 4h ago
This also indicates that recent oil prices are more driven by "war expectations" rather than supply and demand itself; short-term traders love this kind of scenario.
View OriginalReply0
GaslightLatte
· 4h ago
The key is whether it keeps happening repeatedly afterward—if the ceasefire can be extended, oil is still slightly bearish; but if it gets torn open, it will be dragged back again.
View OriginalReply0
SlippageSiren
· 4h ago
If the US-Iran negotiations actually progress, the energy line may need to be re-priced.
View OriginalReply0
  • Pin