Oil falls below $90 as Trump pulls back from threat to strike Iran
Falling crude prices have supported recovery in global stocks from last week’s sell-off
Oil falls below $90 as Trump pulls back from threat to strike Iran
Falling crude prices have supported recovery in global stocks from last week’s sell-off Grouped from 3 articles across 3 sources.
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Oil prices fall to lowest since August as Trump says Iran war is ‘effectively over’
Brent crude drops below $90 and markets climb after president downplays prospect of further strikes Business live – latest updates Oil prices have fallen to the lowest level since late August while stock markets climbed higher, as markets reacted with relief to Donald Trump saying that the war on Iran is “effectively over” . Brent crude, the global oil benchmark, fell nearly 3% to $89.66, the lowest since 31 August, on Tuesday morning, after the US president downplayed the need for military action against Iran “at this point”. The fall came after a near 6% drop on Monday on signs that the conflict might be nearing an end. Continue reading...
Oil prices continue to fall on hopes of US-Iran peace deal talks
Oil prices extend their losses as investors remain hopeful that diplomatic talks between the US and Iran will lead to an end to the Middle East conflict.
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