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Brent, WTI Futs Tumble As Trump May Give Diplomacy A Chance, Iran Floats Two-Day Hormuz Reopening

Brent, WTI Futs Tumble As Trump May Give Diplomacy A Chance, Iran Floats Two-Day Hormuz Reopening Brent crude futures fell to $108.41 a barrel, while WTI slipped below $100 this morning, after Axios reported that President Trump favored giving diplomacy with Tehran more time before launching another round of "Epic Fury." Separately, Iranian Foreign Ministry spokesman Esmaeil Baqaei said Tehran could reopen the Strait of Hormuz within two days if the Trump administration accepts its demands."Oil prices eased on Monday, with Brent down 2.8% at about $110/bbl and WTI down...
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