📰 Oil drops from day's highs after Trump declares 'we will not attack Iran'
Oil prices declined around midday Thursday after US President Donald Trump said his administration does not plan to attack Iran before the November 3 midterm elections. Brent crude, which had been inching toward $106 a barrel, fell to around $103.50 after Trump's comments. West Texas Intermediate crude also declined, slipping from around $93 to roughly $91. The retreat came after Trump said the US was engaged in discussions with Iran and ruled out an offensive against the Islamic Republic ahead of the elections. What did Trump say? Trump said on his social media platform Truth Social that his administration was having positive discussions with Iran and that there would be no US attack on the country before the midterm elections.…
Source : Invezz
Time : 2026-10-08 17:50:46
Credit : gaurav thakur
#commodities #energy
Oil prices declined around midday Thursday after US President Donald Trump said his administration does not plan to attack Iran before the November 3 midterm elections. Brent crude, which had been inching toward $106 a barrel, fell to around $103.50 after Trump's comments. West Texas Intermediate crude also declined, slipping from around $93 to roughly $91. The retreat came after Trump said the US was engaged in discussions with Iran and ruled out an offensive against the Islamic Republic ahead of the elections. What did Trump say? Trump said on his social media platform Truth Social that his administration was having positive discussions with Iran and that there would be no US attack on the country before the midterm elections.…
Source : Invezz
Time : 2026-10-08 17:50:46
Credit : gaurav thakur
#commodities #energy