Brent crude fell 2.2% to $107.39/barrel and WTI slipped 0.2% to $112.28/barrel after Pakistan asked Trump to extend the Hormuz deadline.
Iran threatened to target Saudi Aramco, Yanbu facilities and the Fujairah pipeline, warning regional darkness if U.S. attacks power plants.
UN Security Council resolution on Hormuz safety was vetoed by China and Russia, with Colombia and Pakistan abstaining.
EIA reported Brent's biggest quarterly price increase in Q1 2026 on an inflation‑adjusted basis since 1988.