Trump's withdrawal of troops sparks a wave of crude oil sell-offs, and energy premiums quickly fade.

MarsBitNews · 2026-04-01T07:08:24+00:00

Trump announced that the United States will withdraw from Iran within two to three weeks, leading to a sharp drop in international oil prices. WTI crude oil fell to $98 per barrel, and Brent crude dropped by 3.3%. Analysts believe that although the situation has cooled down, the ongoing impact of the conflict will still persist.

MarsBitNews

2026-04-01 07:08:24

Abstract generation in progress

Mars Finance news. On April 1, after Trump said that regardless of whether an agreement is reached, the U.S. would evacuate Iran within two to three weeks, international oil prices fell on the spot. WTI crude oil broke below $98 per barrel, with a intraday drop of 3.78%; Brent crude oil is now down 3.3%. Capital Economics’ Thomas Mathews said: “The hope that the situation will cool down boosted the market, but we believe that even if the war ends quickly, its impact will still persist in many cases. After all, both sides have also released positive signals in other stages of the war, but many of them ultimately turned out to be illusions.” (Jin Ten)

View Original

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.

1 Likes