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Oil Prices Plunge 5% as Trump Halts Iran Strike Plans

Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of military strikes on Iran, raisin…

Source OilPrice AI Summary Updated 3h 23m ago
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Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of military strikes on Iran, raising hopes that a diplomatic route to reopening the Strait of Hormuz and averting a broader regional conflict could be found. At the time of writing, West Texas Intermediate futures were trading at $79.77 per barrel, down 5.8…

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