Iran Pulls the Plug: WTI Surges to $92 as Talks Break Down and Weatherford Makes Its Move
WTI closed Monday at $90.63 — up 3.59% from Friday — but that was before Iran suspended communications with Washington. By mid-afternoon, crude had surged again, with Brent hitting $96.10 and WTI above $92. The morning's geopolitical bid just became the afternoon's price discovery.