Event details
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.
Context
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.
- Local time
- 16:00 GMT, Jun 9, 2026
- Location
- Global oil and U.S. equity markets
- Relationship
- Update