Impact on each asset
USD ■US dollarLimited
XAU ▼GoldHeadwind
US ■US stocksLimited
SET ▼Thai stocksHeadwind
BTC ▼CryptoHeadwind
Summary
Brent crude fell to $102.60 per barrel (−1.61%) on Friday; WTI declined 0.89% to $90.35, after Trump said the US would conduct "productive discussions" with Iran and will not attack before next month's midterms.
Why it moves markets
Market anxiety over US–Iran escalation eased sharply when Trump ruled out imminent military action, removing a key risk premium from oil. The shift in geopolitical tone allowed traders to focus on underlying supply and demand rather than conflict hedging.
Deeper view and what to watch
Yet OPEC+ production levels and the structure of regional conflict remain unresolved, and any breakthrough talks could still unlock additional Iranian barrels. Next week's China demand data and OPEC production figures will be crucial to confirm whether crude has found a new floor or faces further downside.
For education only, not investment advice. Prices and figures change constantly, so check the sources before making decisions.