US Crude Oil Price Falls Below 100 Dollars — NRG-IA

Crude prices slide below the $100 psychological threshold — what happened U.S. crude oil fell below $100 per barrel, marking a third consecutive day of losses on international markets. This correction follows a period of extreme geopolitical tension in the Middle East that had previously pushed energy prices to multi-month highs, threatening to destabilize global supply chains. The downward trend reflects a temporary easing of supply anxiety, as investors react swiftly to positive diplomatic signals. According to trading data, West Texas Intermediate (WTI) crude futures settled below the critical $100 threshold, with Brent crude experiencing a similar downward trajectory. This price movement halts an aggressive rally triggered by the partial blockade of the Strait of Hormuz—a vital maritime chokepoint through which approximately one-fifth of global oil consumption passes daily. While prices remain elevated compared to historical averages, the three-day decline offers a temporary…