Crude oil remains under pressure as de-escalation bets increase amid mounting constraints for Trump

Crude oil extended its losses as signs grew that Gulf governments are pressing for better relations with Iran, boosting hopes of de-escalation ahead of meetings involving Trump, Gulf leaders, and potentially Iran’s President Pezeshkian at the UN General Assembly. The report also cites US munitions constraints confirmed by the Pentagon and mentions elevated bond yields and expected rate hikes as additional pressure. A de-escalation scenario, the article says, would likely ease supply concerns and push oil prices lower, while renewed escalation could drive WTI back above $100. On charts, crude dipped below support near 93.00 before recovering, with resistance flagged around 105.00 and lower-channel interest near 85.00.