A post by @FirstSquawk on X.

Brent crude oil dropped 10% to near $93 per barrel, marking its lowest level in two months, according to a First Squawk market alert. The sharp single-session decline represents one of the largest recent pullbacks in the benchmark, which had been trading at elevated levels. The move matters because Brent serves as the global reference price for crude, feeding directly into fuel costs, inflation expectations and energy sector earnings. Traders will watch whether the selloff extends toward the $90 threshold or stabilizes, with attention on OPEC+ supply signals and demand data in the sessions ahead.