The Chonkerton

Oil prices fall as Middle East tensions ebb on diplomatic efforts

business

Oil prices fell on Monday as investors pared back the geopolitical risk premiums they'd built into the market, according to CNBC. The pullback followed U.S. President Donald Trump's announcement that he had canceled a planned strike on Iran.

Source: https://www.cnbc.com/2026/08/03/oil-prices-today-wti-bren...

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