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International Business Times

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Oil Plummets As Hopes For An Iran Deal Rise After Trump's Remarks About Talks Being In 'Final Stages'

Donald Trump Iran Oil Benjamin Netanyahu

Oil prices fell sharply on Wednesday after President Donald Trump said talks with Iran to end the war are in their "final stages."

Oil prices fell sharply on Wednesday after President Donald Trump said talks with Iran to end the war are in their "final stages."

WTI crude, the U.S. benchmark, fell below $100 a barrel on hopes the Strait of Hormuz could be reopened soon. Concretely, it dropped over 6% at 1:59 p.m. ET and clocked in at $98.04.

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Florida police officer finds man dead and steals his house and identity, authorities allege

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France unrest: Macron vows ban on 'illegitimate' protests in coming days

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Top stories on inkl right now

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The officer says he took possession of the property and renovated it ‘to prevent criminal activity’ and ‘squatting’

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We Got This Covered

Australian teen charged with hate crime for racially abusing Indian family, threatening to 'blow up' Brisbane apartment; family considers leaving

Australian teen charged with hate crime for racially abusing Indian family, threatening to 'blow up' Brisbane apartment; family considers leaving

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

France unrest: Macron vows ban on 'illegitimate' protests in coming days

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