WTI remains below $68.50 amid easing Middle East tensions
WTI declines as US-Iran diplomatic breakthroughs eased supply fears and restored commercial shipping through the vital Strait of Hormuz. Doha talks significantly lowered the geopolitical risk premium that previously kept energy prices elevated. Saudi crude exports rebounded to ninety percent of pre-war levels as more tankers successfully navigated the recovered Strait of Hormuz. West Texas…