Crude Oil Falls On Reports Of Iran Sanctions Waiver

rttnews
2026.05.18 13:54
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Crude oil prices fell over 1% following reports of a temporary waiver of sanctions on Iranian crude oil, improving sentiment in global markets. Wall Street Futures and European benchmarks traded positively, while Asian markets mostly closed lower. The U.S. Dollar Index slipped 0.25%, and bond yields eased. Brent Oil Futures are at $107.72, down 1.41%, and WTI Futures at $99.07, down 1.93%. Cryptocurrencies also saw declines.