Oil prices edged lower on Monday after Donald Trump said Washington would begin efforts to free ships stranded in the Strait of Hormuz, although the absence of a US-Iran peace deal kept crude trading above $100 a barrel. Brent crude futures fell 64 cents, or 0.59%, to $107.53 a barrel by 2308 GMT, extending a […]
Oil Prices Drop After Trump Signals Possible End to Middle East War
Global oil prices fell sharply after surging to their highest levels in years, following comments from US President Donald Trump suggesting that the ongoing war in the Middle East could end sooner than expected. The sudden shift in sentiment eased fears of prolonged supply disruptions that had rattled energy markets earlier in the week. The […]