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macroJun 5, 2026, 9:23 AM

Brent Falls on US-Iran Hopes, Eases Inflation Fears

Deutsche Bank strategists note that Brent oil has reversed gains as hopes for a US-Iran deal ease stagflation concerns and lower inflation expectations.

BRENT

Deutsche Bank highlights a decline in Brent oil prices amid growing optimism over a potential US-Iran agreement. The reversal is seen as reducing stagflation risks, with both spot and 6-month Brent futures dropping alongside softer US and eurozone inflation data.

The move comes as inflation expectations pull lower, offering some relief to central banks monitoring commodity-driven price pressures.

Source: FXStreet Forex News