According to early reports from Iran, the United States was to decide to lift personal sanctions from some Iranian officials and WTI oil fell to around $ 69 a barrel. Later it turned out that the US deleted sanctions only on 3 people in Iran, including 1 oil official and the price of oil rebounded. Nevertheless, this is a sign of goodwill on the part of the US, which should bring a real nuclear deal closer. One can see that the topic is very important for the oil market.
OIL.WTI managed to erase recent losses and price returned above $70.00 per barrel . Source: xStation5
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Morning wrap (16.01.2026)
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