🇮🇷🇺🇸 OIL PRICES DROP AS IRAN UNREST COOLS AND TRUMP STEPS BACK
Oil prices are falling after Iran’s protests calmed down and Trump backed off threats of U.S. action.
Brent’s at $63.85, U.S. crude at $59.08, both lower than last week’s highs.
Traders say the risk of war dropped, especially after Trump claimed Iran canceled mass executions, even though Iran never confirmed that.
Add U.S. crude stockpiles rising and Chevron pushing into Venezuela, and the market's cooling off fast.
