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Oil falls about 4 percent toward seven-week low

Al Jazeera's live market update reported Brent down 3.6 percent to $90.85 and WTI down 4.1 percent to $87.59 at 14:28 GMT, putting crude on track for a seven-week low. CBS also reported Brent around $91 and U.S. crude down about 3.5 percent after Trump again suggested a U.S.-Iran deal could come within days, while earlier Investing.com coverage said Hormuz disruption still limited the pullback.

Why this matters. This is a second market datapoint showing deal optimism suppressing prices. Pairing it with Hormuz warnings helps separate price action driven by diplomacy headlines from actual shipping-security improvement.

3 sources
  1. Al Jazeera live
  2. CBS News live
  3. Investing.com

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