Brent crude falls 6% to $104.99 a barrel

A single-session drop of this size in the global oil benchmark matters because crude is a direct input into the inflation and rate expectations that have been driving risk assets, including tokenized commodities and crypto. The item gives no stated cause, so the driver — supply headlines, demand signals or positioning — is the open question. Whether this proves a one-day repricing or the start of a sustained move is what to watch, since persistent energy weakness would change the macro backdrop for the whole market.