Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Trump Rejects Iran’s Proposal
🔴 Tension RisingFXEmpire2026-05-01
WTI and Brent oil prices have fallen following President Trump's rejection of Iran's latest proposal. The ongoing situation at the Strait of Hormuz and lack of progress in US-Iran talks are contributing to market uncertainty. Traders are avoiding increased positions amid geopolitical risks.