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macroJun 5, 2026, 12:38 AM

WTI Falls Below $91 Despite Iran Threats

West Texas Intermediate crude oil dipped to around $90.85 during early Asian trading on Friday, as traders assessed the ongoing US-Iran peace developments.

USOIL

West Texas Intermediate (WTI) crude oil edged lower, trading near $90.85 in early Asian hours on Friday. The mild decline comes as market participants continue to evaluate the implications of US-Iran peace talks, despite earlier threats from Iran that had supported prices.

The price move reflects a cautious tone, with traders weighing geopolitical risks against demand concerns. No further details on the peace negotiations were provided in the source report.

Source: FXStreet Forex News