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The Economic Times
The Economic Times
Business

Oil prices ease after Trump says US will end Iran war 'very quickly'

United States Iran Oil Donald Trump Middle East

Oil prices eased on Wednesday after U.S. President Donald Trump again asserted the war with Iran will end "very quickly", though investors remain wary about the outcome of peace talks amid continued disruptions to Middle East supply from the conflict.

Brent crude oil futures fell 45 cents, or 0.4%, ‌to $110.83 a ⁠barrel by ⁠0050 GMT, while U.S. West Texas Intermediate futures were down 27 cents, or 0.3%, to $103.88.

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