Iran-Iran Crisis Sparks Global Oil Shock

WTI prices fell 4% to $108.61 as markets expected a ceasefire before Trump's deadline.
Strait of Hormuz attacks disrupted 20% of global oil supplies since Feb 28.
Trump warned of bombing Iran's infrastructure if leaders failed to meet his deadline.
Prime Minister Shehbaz Sharif requested a two-week delay for negotiations.
Karoline Leavitt confirmed Trump was aware of the delay proposal.
Oil CEOs warn prices remain volatile until Strait reopens.
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