Oil futures extended losses as Donald Trump said the U.S. could exit the Iran conflict within two to three weeks. Brent crude fell below $100 a barrel for the first time in a week, while West Texas Intermediate traded near $98. Equities also rose despite the Strait of Hormuz remaining largely closed, with additional U.S. troops deployed to the region.

2026-04-01

Oil futures extended losses as Donald Trump said the U.S. could exit the Iran conflict within two to three weeks. Brent crude fell below $100 a barrel for the first time in a week, while West Texas Intermediate traded near $98. Equities also rose despite the Strait of Hormuz remaining largely closed, with additional U.S. troops deployed to the region.