U.S. Oil Falls as Fears of Iran-Israel Conflict Recede, Trading Below $81 U.S. crude oil prices dropped below $81 per barrel, a dip not seen since March, signaling the market’s limited concern over potential new sanctions on Iranian oil. The West Texas Intermediate (WTI) crude has fallen beneath its 50-day moving average for the first time in several months, down from the year’s high of $87.62. This decrease in price reflects the easing of geopolitical tensions as Iran and Israel move away from the prospect of a broader conflict, despite the recent exchange of strikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Poland’s 50/50 gold buying: 50 tonnes bought over 3 months, but another 50 tonnes to go READ MORE BREAKING: Silver Trades Above $30/oz First Time In Over a Decade READ MORE Gold and Bitcoin: Vital Challengers to Fiat Currencies READ MORE Financial Planners Embrace Gold as Long-Term Investment Strategy READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment