Oil falls as Trump says new Iran attacks ‘unlikely’
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Oil prices dropped during Monday's opening. US President Donald Trump stated that new attacks on Iran are highly unlikely. He noted that talks to end the conflict are making progress. This comes despite reports from both nations regarding attacks on ships near the Strait of Hormuz.
Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make progress, despite both nations' reports of attacks on ships in or near the Strait of Hormuz.