Oil reportedly eases on hopes for renewed Iran peace talks

A market recap says oil eased on hopes for renewed talks after what it described as Vice President JD Vance’s outreach to Iran, with WTI at $102 and Brent at $114.88. A separate post described oil as rising. Another commentator says European officials he spoke with blamed the Iran war for Europe’s cost-of-living protests and argues its destabilizing effects have surpassed those of the Iraq war.