🛢️ WTI OIL SLUMPS BELOW $100** 📉 Market Update** WTI crude futures plunged sharply, dropping over **4.2% to $99.69** after briefly trading above **$104**, as geopolitical tensions eased. **🌍 Key Drivers:** • Signs of **U.S.–Iran de-escalation** reduced supply disruption fears • Smooth tanker movement through **Strait of Hormuz** • 🇺🇸 Donald Trump sets **April 27 deadline** for Iran deal • Continued oil flow eased panic buying **📊 Current Levels:** • WTI Crude: ~**$96** • Brent Crude: ~**$97** **⚖️ Market Impact:** ✔️ Cooling oil prices may **ease global inflation pressure** ❗ But lower prices are **negative for shale producers** **⚠️ Market Sentiment:** • High volatility continues due to geopolitics • Rumors of U.S. Treasury intervention denied by Scott Bessent **💡 Insight:** Oil remains highly **headline-driven** — any shift in U.S.–Iran negotiations can trigger sharp moves.