NEW YORK — Oil prices fell about 5 percent to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in th...

Oil prices fell sharply Sunday after President Donald Trump said he would order U.S. forces to hold off on new strikes against Iran.

Oil prices drop sharply as US pauses strikes on Iran for diplomacy. New all-time high for crude oil by September 30 at 4.3% YES.

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.