WTI eases below $103.50 as US, Iran reportedly seeking 45-day ceasefire

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.30 during the early European trading hours on Monday. The WTI price retreats after reports that the United States (US) and Iran are making a push for a 45-day ceasefire.  WTI price declines to near $103.30 in Monday’s early European session. A deal for a 45-day ceasefire is in… West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.30 during the early European trading hours on Monday. The WTI price retreats after reports that the United States (US) and Iran are making a push for a 45-day ceasefire.  WTI price declines to near $103.30 in Monday’s early European session. A deal for a 45-day ceasefire is in discussion. OPEC+ agreed to boost output once Hormuz reopens. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.30 during the early European trading hours on Monday. The WTI price retreats after reports that the United States (US) and Iran are making a push for a 45-day ceasefire. The US, Iran and a group… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.