The Chonkerton

Oil prices tumble after Trump calls off attack on Iran

business

Oil prices fell on Monday after U.S. President Donald Trump said he had called off a planned strike on Iran. CNBC reports investors responded by trimming geopolitical risk premiums from energy prices. The move underscores how sensitive oil markets are to shifts in international tensions.

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

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