newsweek.ro/economie/cotatii-petrol-scadere-trump-

Oil prices dropped nearly 5% following President Trump's announcement of no new military strikes against Iran, easing tensions in the energy market. Brent crude futures fell to $93.75 per barrel, while U.S. WTI crude decreased to $87.64. Despite ongoing attacks near the Strait of Hormuz, the market reacted positively to diplomatic prospects. Analysts noted that the potential for peace encouraged selling, even as security risks remain high in the region. Additionally, global oil supply is exceeding demand, with JPMorgan estimating a surplus of 1.4 million barrels per day in October. OPEC production also increased, contributing to downward pressure on prices.