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Oil prices are under pressure amid geopolitical uncertainty, with Brent crude briefly touching $100.28 per barrel during the day before pulling back.
Brent crude oil briefly touched $100.28 per barrel intraday, but oil prices subsequently retreated as the outlook for US-Iran diplomacy remained unclear. It is currently hovering near the lower end of the $97.62 to $100.28 per barrel range, with an intraday decline of approximately 0.2%. WTI crude oil is also trading near the lower end of the $92.44 to $94.74 per barrel range.
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