Oil Markets Stop Believing Trump's Peace Narrative - Crude Oil Prices Today | OilPrice.com
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- Oil markets have stopped believing President Trump’s peace narrative, causing crude prices to fall as hopes for a US‑Iran de‑escalation grew.
- Oil prices later climbed back toward $100 while US stocks halted their record‑breaking rally.
Why it matters: Oil producers lose immediate price support as crude slips, while consumers benefit from lower costs; the pause in US equity gains curbs bullish investor sentiment.
