Oil prices declined over 4% after U.S
WTI crude fell to $80.89 per barrel
Aug 03, 2026
09:46 am
What's the storyOil prices witnessed a significant drop in Asia trading on Monday, after US President Donald Trump announced he had called off a planned strike on Iran.
The announcement came amid diplomatic efforts to ease tensions in the Middle East.
Oil Prices Plunge 5% as Trump Halts Iran Strike Plans | OilPrice.com
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