Oil futures wobble in Asia as traders weigh Middle East tensions. Front‑month WTI crude fell 5.3% to $91.50 a barrel after news that U.S. Central Command said American forces struck in southern Iran for self‑defence. Meanwhile, front‑month Brent rose 1.8% to $97.90 a barrel amid hopes a U.S.–Iran memorandum will still materialise for the energy market sentiment in today’s trading.

The mixed price action reflects uncertainty over a diplomatic pause that could ease supply pressure. If the memorandum succeeds, crude inventories might shrink, supporting prices. Conversely, renewed hostilities could trigger a spike. Analysts note that the U.S. strike report dampened optimism, pushing WTI lower while Brent steadied on expectation of a possible easing of tensions. The focus remains on Iran's response for deal.

For investors, the current split signals a fragile market where geopolitical shifts can swing prices quickly. The $91.50 WTI level sits below the 12‑month average, hinting at potential downside risk, while Brent's rise to $97.90 shows resilience. Market watchers will focus on next U.S.‑Iran talks and any escalation that could alter the supply‑demand balance for energy strategists and portfolio managers today bright.