West Texas Intermediate

The provided articles do not mention "West Texas Intermediate" (WTI) as an organization. Instead, they focus on fluctuations in global oil prices driven by geopolitical tensions involving Iran and China's efforts to ensure energy security. Specifically, the articles highlight a surge in Brent crude oil prices in March, potentially the largest monthly increase on record, attributed to the Iran war disrupting markets. Suspicious trading activity in the oil market occurred just before Donald Trump announced a potential de-escalation of tensions with Iran, raising concerns about insider information. China is also aiming to stabilize domestic oil and gas production in its new five-year plan to bolster energy security amid rising global risks and oil prices exceeding $100 per barrel. These events underscore the sensitivity of oil markets to geopolitical events and the strategic importance of energy security for major economies.