Oil prices drop to approximately $91.70 per barrel after Trump comments on Israel-Iran conflict resolution
In a significant turn of events, oil prices have dropped dramatically after former US President Donald Trump stated in a recent CBS News interview that the ongoing conflict involving Israel and Iran could conclude "very soon." This announcement has dissipated fears surrounding a potential deepening energy supply crisis, which had previously driven Brent crude oil prices up to a staggering $119.50 per barrel. Following Trump's statement, prices rebounded to approximately $91.70 a barrel within a span of hours. The shift in oil prices reflects a broader response from global financial markets. The FTSE 100 and other European indexes have seen... [Continue Reading]
Pete Hegseth says ‘there will be more casualties’ in US war with Iran
Comments from defense secretary come as number of US service members killed in conflict has climbed to sevenSign up for the Breaking News US email to get newsletter alerts in your inboxPete Hegseth, the US defense secretary, has said “there will be more casualties” in the US military from the Trump administration’s war in Iran after officials confirmed on Sunday that the number of US service members killed had climbed to seven.Hegseth made the statement during an appearance Sunday night on CBS’s 60 Minutes, during which he portrayed Donald Trump’s decision for the US to join Israeli attacks on the... [Continue Reading]
