OIL EXTENDED ITS DECLINE AS IRAN AND OMAN DISCUSSED AN INTERIM FRAMEWORK TO RESUME SHIPPING THROUGH THE STRAIT OF HORMUZ, WITH BRENT FALLING 1.7% TO AROUND $87 A BARREL AND WTI NEAR $81, AS LOWER CRUDE PRICES EASED INFLATION CONCERNS AND HELPED PUSH THE 10-YEAR TREASURY YIELD DOWN TO 4.63%, SUPPORTING BROADER RISK SENTIMENT.

OIL EXTENDED ITS DECLINE AS IRAN AND OMAN DISCUSSED AN INTERIM FRAMEWORK TO RESUME SHIPPING THROUGH THE STRAIT OF HORMUZ, WITH BRENT FALLING 1.7% TO AROUND $87 A BARREL AND WTI NEAR $81, AS LOWER CRUDE PRICES EASED INFLATION CONCERNS AND HELPED PUSH THE 10-YEAR TREASURY YIELD DOWN TO 4.63%, SUPPORTING BROADER RISK SENTIMENT.

Source:https://x.com/FirstSquawk/status/2092406859999437225