US crude futures fall more than 2% after Trump pauses planned Iran attack
US crude futures fell more than 2% in early Asian trade on Tuesday after US President Donald Trump said he had paused a planned attack on Iran to allow negotiations to end the war in the Middle East. At 2212 GMT, the most active July West Texas Intermediate contract was down $2.08, or 2.02%, at $102.34 per barrel. The front-month contract was down $1.54, or 1.42%, at $107.12. The report said the July contract had risen more than 3.1% in the previous session before the reversal. It also noted that the June contract is set to expire on Tuesday. The... [Continue Reading]
Breaking-360LiveNews | 19 May 2026 01:00 LONDON
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