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Oil prices drop more than 6% after Trump announces upcoming talks with Iran

Oil prices drop more than 6% after Trump announces upcoming talks with Iran
Qiyas summary

Oil prices fell by more than 6 percent following comments by US President Donald Trump regarding upcoming talks with Iran, as reported by Al Arabiya. The decline came after Trump announced that negotiations with Iran wou

Translated by Qiyas from السياسة — Original source

Oil prices fell by more than 6 percent following comments by US President Donald Trump regarding upcoming talks with Iran, as reported by Al Arabiya.

The decline came after Trump announced that negotiations with Iran would begin on Monday evening, expressing optimism about the possibility of reaching two agreements—one concerning the Strait of Hormuz and the other regarding Iran’s nuclear program. This development quickly impacted oil markets, driving prices down by more than 6 percent.

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