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Oil Prices Fall on Renewed Hopes of End to Iran War

Brent crude held near $102 a barrel as traders weighed Trump’s exit signal and Iran’s attacks that have shut key shipping routes.

Summary by Transport Topics
Stocks are rushing higher worldwide, and oil prices are easing April 1 as hopes build that the war with Iran could end soon.

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Trump foresees withdrawal of the US from Iran “in two or three weeks”The oil fell while the operators bet that the war with Iran could end soon, after U.S. President Donald Trump indicated that the U.S. could leave the country in a matter of weeks.The Brent previously fell below US$ 100 per barrel, arriving at a time to collapse more than 5%, before recovering some of the losses. Trump told journalists that the U.S. could leave Iran within two t…

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CNBC broke the news in United States on Wednesday, April 1, 2026.
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