Oil drops more than 2% as a pause in U.S.-Iran hostilities raises de-escalation hopes

Oil prices fell more than two percent after a pause in U.S.-Iran hostilities sparked hopes for de-escalation. According to CNBC, the decline reflects investor optimism about potentially easing tensions. Trump dismissed concerns about U.S. weapons shortages while aboard Air Force One.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton