Oil markets steadied Thursday after a sharp selloff, with WTI holding near $59 per barrel and Brent staying below $64. The stabilization comes as Israel signaled to Washington to hold off on immediate military action, easing near-term geopolitical tensions. Fewer headline risks mean lower pressure on energy prices—and that typically translates to improved risk appetite across markets. For crypto traders watching macro flows, reduced geopolitical friction generally supports a more favorable environment for risk assets, though broader economic headwinds remain a wildcard.