GoKawiilOil slides over 4% as Iran diplomacy raises hopes of supply relief
Brent and WTI crude both dropped more than 4% in early trading as negotiators pursued renewed diplomatic talks with Iran, with Reuters reporting a draft proposal circulating after discussions in Doha. U.S. Secretary of State Marco Rubio said President Trump would prefer a diplomatic resolution to the conflict, though he noted the U.S. retains military options if needed.