Latin America · Markets & Macro Key Facts —Brent near $110. The benchmark traded around $110 a barrel, down about 1.6% on the day after Trump cance

Gulf states face further attacks as global inflation increases amid oil market shock

Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders.

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development…