Crude Oil Stabilizes After 6% Drop as US Postpones Iran Attack

• Oil prices stabilized after a 6% drop over two sessions, following the US decision to postpone military action against Iran.
• West Texas Intermediate was near $59 a barrel, and Brent was below $64 after a 4.6% fall on Thursday.
• Israeli PM Benjamin Netanyahu reportedly requested President Trump to delay plans to attack Iran, reducing immediate conflict likelihood.
• Despite the postponement, Washington is increasing its military presence in the Middle East, with an aircraft carrier en route.
• US efforts include marketing Latin American oil cargo and seizing a sixth oil tanker near Venezuela amid Caribbean pressure.

Why It Matters: Crude oil prices stabilized as immediate US military action against Iran became less likely, despite increased military presence.