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Crude oil trend sharply reversed, WTI crude fell from $108/barrel to $103/barrel in 4 hours

2026-05-01 14:02

Odaily News, Gate data shows that crude oil trend sharply reversed, with WTI crude falling from $108/barrel to $103/barrel over the past 4 hours.

Previously, Iran submitted a new proposal through Pakistan, potentially shifting focus toward ending the war. Meanwhile, according to Axios' global affairs correspondent, the United States has also submitted a list of amendments to the nuclear agreement to Iran via Pakistani intermediaries.