Trump's withdrawal of troops sparks a wave of crude oil sell-offs, and energy premiums quickly fade.

Odaily · 2026-04-01T13:57:59+00:00

Trump announced that the United States will withdraw from Iran in two to three weeks, causing international oil prices to drop. WTI crude oil fell below $98 per barrel, and Brent crude dropped 3.3%. Analysts believe that although the situation has eased, the long-term impact of the war still remains.

Odaily

2026-04-01 13:57:59

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Odaily Planet Daily News reports: After Trump said that the U.S. will withdraw from Iran within two to three weeks whether or not an agreement is reached, international oil prices fell sharply. WTI crude oil lost 98 USD per barrel, down 3.78% for the day; Brent crude is currently down 3.3%. Thomas Mathews of C apital Markets Macro said, “Hope that the situation will cool boosts the market, but we believe that even if the war ends quickly, its impact in many cases will still persist. After all, both sides have also issued positive signals in other phases of the war, but many of them ultimately turned out to be wishful thinking.” (Jin Ten)

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