Business
Oil Falls 5% After Trump Calls Off Strike on Iran
WTI fell 5.05% to $80.39 and Brent 4% to $84.41 as traders unwound risk premium, though Tehran says the Strait of Hormuz remains closed to shipping traffic.
Tag: Brent crude
Oil Prices Fall Sharply as US-Iran Pause Eases Immediate Supply Fears
Brent fell as much as 7.4 per cent after Washington and Tehran stopped striking each other, though Houthi attacks on Saudi Aramco ports kept…