Brent and WTI Fall After Trump Calls Renewed Iran Strikes Highly Unlikely
Brent fell 1.8% to $96.57 a barrel and WTI dropped 1.2% to $89.74 in early European trading after President Trump told CNN renewed attacks on Iran were “highly unlikely” while peace negotiations progress.
Oil prices fall more than 1% after President Trump told CNN it was "highly unlikely" he would order renewed attacks on Iran as long as peace negotiations continue to progress. In early European trading, front-month Brent crude is down 1.8% to $96.57 a barrel, while WTI futures slide 1.2% to $89.74…