Oil Price Today (March 27): Crude oil slips marginally, holds above $100 as Donald Trump pauses Iran energ

Oil prices dipped as President Trump indicated progress in Iran talks and paused strikes on energy infrastructure. This follows a sharp rally amid escalation fears. Despite diplomatic efforts, the US is deploying troops. Iran demands a complete halt to attacks and guarantees for peace. Disruptions to the Strait of Hormuz are severe, with analysts predicting continued price volatility.