Oil Falls Amid Prospect That U.S. Strike on Iran Might Be Limited

Core Viewpoint - Oil prices experienced a decline during early Asian trading hours, influenced by geopolitical tensions surrounding Iran and potential military actions by the U.S. [1] Group 1: Oil Market Impact - The drop in oil prices is linked to President Trump's consideration of a limited military strike on Iran, which could affect supply dynamics in the oil market [1] - The situation indicates heightened volatility in oil prices due to geopolitical uncertainties, particularly regarding Iran's nuclear deal negotiations [1]