Oil fell Monday with Brent at $108.72 and WTI at $98.40. Trump waived some Russia sanctions, but Middle East tensions persist with Houthi attacks and Strait of Hormuz flows 41% below prewar. Morgan Stanley raised Brent forecast to $105.

One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.