Iran-US Deal Extension Triggers Over $1 Drop in Oil Prices

The 60-day extension of the Iran-US agreement was approved, causing WTI and Brent crude to fall over $1 while major US stock index futures rose.

Woofun AI reports that the 60-day extension agreement between Iran and the U.S. has been approved. Following this development, crude oil prices declined by more than $1 in the short term, whereas futures for the three major U.S. stock indices increased.