0918 ET - Oil futures are lower on U.S. efforts to negotiate an end to the conflict with Iran, although the sides are seen far apart in their demands. "If it was hard holding positions last week, this week is proving ridiculous," Neil Crosby of Sparta Commodities says in a note. Monday's price plunge on President Trump's postponement of threatened attacks on Iranian power plants was followed by a rebound yesterday as Israel and Iran continued to exchange strikes. "It is very hard to know whether what any side says publicly has anything to do with their real position or intentions," Crosby says. WTI is off 4.8% at $87.94 a barrel Brent is down 4.9% at $99.39. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 09:19 ET (13:19 GMT)
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