Brent crude price sinks as Trump cools Iran fears; traders refocus on inventories
London, Jan 15, 2026, 12:00 GMT — Regular session Brent futures tumbled more than 4% on Thursday after U.S. President Donald Trump said killings of demonstrators during protests in Iran were stopping, easing fears of a U.S. strike and supply disruptions. Brent was down $2.84, or 4.27%, at $63.68 a barrel by 1012 GMT, while U.S. West Texas Intermediate fell $2.68, or 4.32%, to $59.34. “The immediate risk premium had softened but is unlikely to go away,” Saxo Bank analyst Ole Hansen said. (Reuters) The slide matters because the market had been paying up for geopolitics. When that “risk premium”