Oil dropped six percent on talks that haven't happened yet while three war zones stayed open for business.
Oil plunged on the prospect of talks that may or may not occur in two days, a timeline now considered long-term strategic planning.
▸ Wikipedia — Oil prices decline, with West Texas Intermediate for May delivery falling 6.2% to US$92.94 per barrel and Brent Crude decreasing 3.77% to $95.61, amid expectations of reduced tensiPakistan solved its energy crisis by simply scheduling the crisis in advance, a refreshing approach to infrastructure failure.
▸ Wikipedia — The Pakistani energy ministry announces daily power outages of about two hours during evening peak demand periods throughout the country, except in Hyderabad and Karachi, to reduceAmerican equities soared on the possibility of possibility, confirming that hope remains the market's preferred asset class.
▸ Wikipedia — American stocks, including the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite, rise amidst the possibility of renewed Iran–U.S. talks. (CNBC)