Oil prices slid hard Wednesday after President Donald Trump said negotiations with Iran are in the “final stages,” fueling fresh hopes that the Strait of Hormuz could reopen and ease the supply crunch.
West Texas Intermediate futures fell more than 6% to $97.74 per barrel by 12:58 p.m. ET. International benchmark Brent futures also dropped nearly 6% to $104.62 per barrel.
Trump told reporters the administratio...... to continue reading, follow the link below
Read more about ‘FINAL STAGES’: Trump’s Huge Iran Update Sends Oil Prices Tumbling
West Texas Intermediate futures fell more than 6% to $97.74 per barrel by 12:58 p.m. ET. International benchmark Brent futures also dropped nearly 6% to $104.62 per barrel.
Trump told reporters the administratio...... to continue reading, follow the link below
Read more about ‘FINAL STAGES’: Trump’s Huge Iran Update Sends Oil Prices Tumbling