WTI Crude Oil futures experienced a pullback during today's session as the April contract moved toward previous highs before retreating. Market participants continue to monitor the diplomatic tightrope regarding U.S.-Iran nuclear tensions, which keeps a significant geopolitical premium integrated into current pricing. However, when the geopolitical narrative is removed, the fundamental backdrop for the energy market indicates a persistent oversupply. Traders remain focused on the balance between regional instability and a physical market characterized by surplus. This divergence between risk premiums and supply data remains the primary driver for price action in the current environment.