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WTI crude oil continues to decline in the short term, currently at $89.05 per barrel, down 2.21%

2026-05-29 15:11

According to Gate data, WTI crude oil continues to decline in the short term, currently at $89.05 per barrel, down 2.21%; Brent crude oil is currently down 2.5%. U.S. Treasuries continue to rise, and the U.S. dollar index DXY has fallen to its intraday low, currently at 98.8. Spot gold has risen sharply, touching $4,560 per ounce, up 1.43% intraday. New York gold futures have surpassed $4,600 per ounce, up 1.49% intraday.

Earlier, Trump stated that Iran must agree to never possess nuclear weapons. The Strait of Hormuz must be opened immediately for two-way traffic without any tolls. All naval mines must be cleared.