Oil prices drop 2% as Trump delays Iran action
after close1 source ↓written by the desknot a recommendation
- on action
- 10-day extension
- to below
- 2%
- per barrel
- $106
- Intermediate traded
- $93
- to ₹8
- 1.31%
Oil prices fell sharply following US President Donald Trump's 10-day extension on action against Iran's energy sector, easing immediate market concerns. Brent crude declined 2% to below $106 per barrel, while West Texas Intermediate traded around $93. MCX crude oil prices also dropped 1.31% to ₹8,879 per barrel, indicating potential volatility ahead.
Not investment advice. For informational purposes only.