Crude oil prices fell 4% in early Monday trading, according to market reports, following a since-deleted post by a single source claiming a US-Iran peace deal. The drop extends recent volatility around the negotiations.
Crude oil prices dropped about 4% in early Monday trading, market reports indicate, after a single source — identical to the one carrying this bulletin — posted an unverified claim of a US-Iran peace deal. The post has since been deleted, and no official confirmation from Washington, Tehran, or any recognized source has emerged.
This development comes amid extreme volatility in oil markets tracked by The Zioneer over the past week. Earlier on Thursday, oil surged as Iran declared a closure of the Strait of Hormuz. On Wednesday, prices climbed above $93 after President Trump threatened Iran. That same day, an unattributed assessment suggested the odds of a permanent peace deal had fallen to 30%.
Negotiations between the US and Iran collapsed on June 5, per the IRGC-linked Fars News agency, with Iran blaming American and Israeli operations. As of this report, the claimed deal is reported by a single source with no corroboration, and the deletion of the original post further undercuts its credibility. The Zioneer assesses this as Developing — significant market-moving news that remains unverified.
3 developments
Source and signal
- Internal intake