Trump's Iran deal claim causes crude oil prices to drop
pre-market1 source ↓written by the desknot a recommendation
- WTI fell
- $5.89
- per barrel following
- $98
- per barrel
- $105
Global markets reacted positively as US crude oil (WTI) fell nearly $5.89 to around $98 per barrel following President Trump's announcement of nearing a deal with Iran. Brent crude also declined, trading close to $105 per barrel. Investors remain cautious as Trump warned of potential further actions if Iran does not cooperate.
Not investment advice. For informational purposes only.