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Oil Drops, Stocks Climb as Trump Delays Iran Move

President Donald Trump announced on June 19 he will decide within two weeks whether the US will join Israel in strikes against Iran.
The delay follows escalating Middle East tensions after Israel attacked Iran's nuclear and missile sites on June 13, raising oil price concerns.
Oil prices rose sharply by over 9 percent, reaching $78 per barrel—the highest level in five months—before dropping 3.5 percent amid eased escalation worries following President Trump's decision to delay intervention.
Trump said negotiations with Iran "may or may not" happen soon and emphasized a "substantial chance" of talks within the two-week window.
The decision pause has boosted global markets but analysts warn the conflict could drive future oil price spikes and regional instability if worsened.

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Irish Independent

Lean Right

Markets continue to tread water as crisis in Middle East hangs in the balance

Oil prices dipped on Friday after US president Donald Trump held off on a decision over involving the US military in the Israel-Iran conflict.

23 hours ago·Ireland

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Bangkok Post

Lean Right

Shares rally as Trump delays Iran decision

REC Asian equities staged a relief rally and the dollar declined after the White House said President Donald Trump would decide within two weeks whether Washington will join Israel in launching strikes against Iran.

1 day ago·Bangkok, Thailand

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Investing.com

Center

European stocks edged higher as Trump delays Iran decision; weekly losses likely

1 day ago

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CNBC

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NBC New York

Center

Brent oil prices fall more than 2% as Trump holds off on Iran strike, hopes for negotiations

President Donald Trump said Thursday that he would make his decision on striking Iran within the next two weeks.

2 days ago·United States

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Daily Journal

+13 Reposted by 13 other sources

Center

Oil drops, European stocks climb as Trump delays Iran move

The price of Brent oil, the world's main international contract, slid Friday while Europe's major stock markets rebounded as concerns over a war escalation in Iran eased.

2 days ago·Cherokee County, United States

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The Siasat Daily

Lean Left

Oil prices ease as Trump delays decision on Iran-Israel conflict

New Delhi: Crude oil prices eased in the global market on Friday, with the benchmark Brent crude futures trading 2 per cent lower at $77.24 a barrel, amid reports that President Donald Trump would take another two weeks to decide on whether the US will intervene in the escalating conflict between Israel and Iran. White House Press Secretary Karoline Leavitt cited President Trump as saying: “Based on the fact that there’s a substantial chance of …

2 days ago

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