The U.S. ambassador to the U.N., Mike Waltz, said President Donald Trump decided to pause U.S. attacks to allow more time for diplomacy.

Oil prices have fallen further in early trading after setting a two-month high set last week

Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.

Oil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes over the weekend. Hopes for a diplomatic…