Crude oil futures plunged over 6% as Trump announced renewed Iran talks and OPEC+ boosted production. Bitcoin stayed flat near $62,800 despite

Crude oil prices plunged in the perpetual futures market after President Trump eased fears of an imminent escalation with Iran.

Brent crude futures slipped US$5.52, or 6.28 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barrel.

Brent for October lost as much as 7.3% in early Asia trade, after futures surged almost a quarter in July in their biggest monthly gain since March.