Oil Prices Drop Amid Reports of U.S.-Iran Ceasefire
Crude oil prices fell around 3% after reports indicated that President Trump is hesitant to escalate conflict with Iran, despite recent tensions in the region. West Texas Intermediate and Brent crude both dropped significantly as a ceasefire between the two nations appears stable for now.
Tickers: $CL
Topics: geopolitical_tensions oil_prices trump_administration