Crude Oil Prices Sink on Hopes Diplomacy Can End US-Iran Conflict
Brent slipped toward $111 a barrel as Trump signaled he wants more time for diplomacy before deciding on new Iran strikes.
7 Articles
7 Articles
Something Strange Is Happening to Donald Trump: ‘A Potential Diplomatic Opening’ Could Mean No Attack on Iran
Oil prices slipped Monday after Trump signaled he prefers diplomacy with Iran, and Iran shortened its proposed timeline for partly reopening the Strait of Hormuz. But Trump says any remaining targets could be hit in minutes after the midterms, and gas still costs far more than a year ago.
Future oil contracts fall back more than 4% on Monday, with Brent being negotiated under US$109 the barrel. The movement takes place after signaling that the President of the United States, Donald Trump, intends to give more time to negotiations with Iran before resuming the attacks. A new offensive could compromise the recovery of the flows in the region. At around 10.50 a.m. in London, Brent was negotiated at US$108.78 the barrel, falling by 4…
(Teleborsa) - The crude oil slides after the words of US Secretary of State Marco Rubio, according to which President Donald Trump prefers not to use military force against Iran and would like to resolve the...
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