BRENT.MI is trading at €32.24, down 3.75%, as Iran-Qatar talks eased immediate fears of supply disruption.
- Iranian and Qatari officials held a third consecutive day of talks aimed at ending the US-Israeli war on Iran. The pullback also followed last week’s rally and a weekend without major military escalation.
- OPEC+ kept December production targets unchanged, while Strait of Hormuz shipping risks remain a countervailing concern.