Oil prices ease as Trump postpones planned strike on Iran
US President Donald Trump has said he is postponing a planned attack on Iran after requests from Gulf leaders and amid what he described as serious negotiations with Tehran. The announcement, made on social media on Monday, came as traders reacted to the reduced risk of an immediate military escalation in the Gulf. Brent crude and West Texas Intermediate both fell after the comments, reflecting a quick market response to the change in tone.According to the supplied material, Brent crude dropped 1.33% to $110.61 a barrel, while West Texas Intermediate futures fell 0.91% to $103.43. Trump said the strike had... [Continue Reading]
360LiveNews | 19 May 2026 08:29 LONDON
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