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Euronews
Euronews
Angela Barnes

Oil prices slip as Trump calls off planned military strike on Iran

Donald Trump Iran Oil IEA United States

International benchmark Brent crude dropped 1.33% to trade at $110.61 per barrel, while US West Texas Intermediate futures (WTI) fell 0.91% to $103.43 per barrel as investors digested the latest comments from Donald Trump.

The US President said he was postponing a planned attack on Iran scheduled for Tuesday at the request of Gulf leaders amid "serious negotiations" with Tehran, easing crude supply concerns among market watchers.

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