US stocks decline amid ongoing tensions in Iran
US stocks have declined due to ongoing tensions in Iran, with oil prices steadying after President Trump extended the deadline for an Iran energy deal. The geopolitical premium remains intact, with significant supply still at risk, and concerns over supply disruptions continue to elevate.
US stocks declined amid ongoing tensions in Iran. Oil prices steadied after President Trump extended the deadline for an Iran energy deal to April 6. Brent was trading around $108 a barrel, while West Texas Intermediate was near $94. The extension eased near-term pressure but left the geopolitical premium intact. Supply risks remain significant, with around 8 million barrels per day already offline. The US has reportedly reinforced its military presence in the region, and concerns over supply disruptions remain elevated.
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