Oil prices drop below $90 as Trump claims Iran peace deal may be signed within days | The National

Oil prices drop below $90 as Trump claims Iran peace deal may be signed within days | The National

Trump signals US-Iran peace deal within days; Brent crude drops 2.16% to $88.43 as geopolitical risk eases with Strait of Hormuz reopening. Stabilized energy costs support data center budgets, though Iran's non-confirmation and deal reversal risk complicate 2H infrastructure capex planning.