Global energy markets experienced a sharp sell-off today as crude oil prices tumbled to their lowest levels since August. Brent crude futures dropped below $92 per barrel after plunging nearly 6% in the previous session, while West Texas Intermediate (WTI) slid toward $86. The downward momentum accelerated after U.S. President Donald Trump signaled that further military strikes against Iran are unlikely following diplomatic mediation efforts by Qatar. Lower energy costs immediately sparked a strong relief rally across global airline and industrial equities while easing broader inflation anxieties.
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