Oil Market Thinks War Risk Is Real Again, And Peace Headlines Aren’t Enough

US crude oil traded near $107.80 per barrel Tuesday after mixed signals from the Trump administration shook energy markets. Traders shrugged off temporary sanctions waivers and refocused on the risk of broader Middle East conflict.

The volatility shows an asymmetric pattern in oil pricing, where war headlines drive sharper moves than diplomatic ones. Analysts say the trend could keep inflation…