Breaking: Brent crude plunges 10% after the U.S. and Iran pause strikes

News that the US and Iran have halted strikes reduces immediate geopolitical supply-risk premia in crude markets, triggering a sharp risk-off move in Brent. The 10% drop implies rapid repricing of disruption risk and can spill into energy equities, inflation expectations, and rate-sensitive assets via lower near-term energy-cost inputs.