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Iranian Foreign Minister Confirms Agreement Progress, Two Oil Prices Temporarily Fall
BlockBeats News, June 12th, Iranian Foreign Minister confirmed that the "memorandum of understanding has never been closer to being reached." As a result, the two oils experienced a short-term decline. According to Bitget market data, Brent crude oil is now trading at $86.985, down 1.62% in the past hour, while WTI crude oil is priced at $83.88.
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The market pricing reflects the "increased likelihood of negotiation" rather than the "imminent agreement."
Trump's 48-Hour Ultimatum was issued on Saturday and expires on Monday night
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24H Important News
2026-11-12
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