Markets18 October 2026
Oil falls 2.4% despite new Iran sanctions; traders bet on temporary disruption
via WSJ
Despite the US widening Iran sanctions, WTI crude fell 2.4% to $85.01 and Brent dropped 2.4% to $92.17. Markets appear to price sanctions as lower-risk than kinetic conflict and expect temporary supply impact. However, Iran retains capacity to disrupt shipping; residual risk premium remains in oil. Watch for sudden repricing if conflict escalates.
Original source
WSJ
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