WTI crude oil futures surged 7.00% intraday, now at $93.48 per barrel

Odaily reported that according to Gate data, WTI crude oil futures surged 7.00% intraday, currently trading at $93.48 per barrel. Both WTI crude oil futures and Brent crude oil futures gained over $5 intraday following reports that the Iranian negotiating team had stopped exchanging information with the United States.