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Trending News: Exness Halts New Registrations in IndiaExness Shuts Indian Registrations, Keeps Trading Open for Current UsersWhy Do Forex Brokers Freeze Trades During Volatility?Over 55,000 Clients Affected in IT Transition Misstep; Saxo Hit With €1M Fine by French Regulator55,000 Clients Affected in IT Transition Misstep; Saxo Hit With €1M Fine by French RegulatorcTrader Brings Cloud Based Algo Trading and Risk Controls to Swiss CFD TradersWhat Is the Gold-Silver Spread Trade?Webull Integrates Crypto Unit into Group Ahead of Digital Asset Trading Relaunch GloballyWebull Integrates Webull Pay Into Group Ahead of Crypto Trading Relaunch GloballyBP Prime Swings to Loss in 2025 as Revenue Plummets by Nearly £13 MillionWhy Are CFD Brokers Going “Insti”?Why are CFDs Brokers Becoming “Insti”?Pound Dips On Weak Labor Data. 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Forecast as of 15.07.2025F1 Sponsorship Trends, Executive Coaching, New Name in CFD Volumes RankingTFB Partners with TRAction Allowing Brokers to Auto-Report Through Their Trading PlatformShort-Term Analysis for Oil, Gold, and EURUSD for 15.07.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 15.07.2025Institutional FX Trading Gets Blockchain Boost in UKUS Dollar May Retreat As Inflation Data Looms. 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Thu. Jul 17th, 2025 11:55:39 PM

Oil falls 3% as concerns ease on potential Iran supply disruption

SINGAPORE (Reuters) – Oil prices slid $2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report that Israel is willing to strike Iranian military and not nuclear or oil targets.

Brent crude futures were down $2.11, or 2.7%, at $75.35 per barrel, while U.S. West Texas Intermediate crude futures fell $2.07, or 2.8%, to $73.76 per barrel as of 0045 GMT. Both benchmarks had settled about 2% lower on Monday.

Israeli Prime Minister Benjamin Netanyahu told the U.S. that Israel is willing to strike Iranian military targets and not nuclear or oil ones, the report said.

This post is originally published on INVESTING.

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