- media@moneyinfocus.news
WTI crude futures declined to near $101 per barrel on Friday, trimming weekly gains as markets reacted to signs of potential de-escalation in Middle East tensions.
The pullback follows confirmation from Pakistani officials that Iran has submitted an updated peace proposal, which has been delivered to the US government, introducing a possible дипломатический pathway amid recent conflict dynamics.
Oil markets, which had been pricing in elevated risk premiums due to regional instability, adjusted lower as the prospect of negotiations gained traction.
At the same time, political pressure is building in Washington, where Donald Trump faces a 60-day deadline under the War Powers Resolution of 1973 related to military operations involving Iran.
Under the law, US troops must be withdrawn within 60 days unless Congress formally authorizes continued deployment—authorization that has not yet been granted.
The administration has stated that a ceasefire reached approximately three weeks ago has effectively “terminated” hostilities, a position that may influence both legal interpretations and market expectations around the duration of the conflict.
Investors are closely monitoring whether diplomatic channels will gain momentum or if geopolitical tensions could re-escalate, which would likely reintroduce volatility into energy markets.
The recent pullback in oil prices suggests a reassessment of geopolitical risk premiums, rather than a change in underlying supply-demand fundamentals.
Crude markets are likely to remain responsive to developments in diplomacy, military policy, and legislative signals from Washington as the situation evolves.
