Energy Prices Fall on Hopes of Iran War Ending
Speaking after signing a presidential decree at the White House, Trump indicated that American forces will withdraw from Iran within “two to three weeks,” marking a likely halt to ongoing attacks.
"All I have to do is leave Iran, and we’ll be doing that very soon, we'll be leaving very soon," Trump said, adding that it will happen in "maybe two weeks, maybe three."
As of 0700GMT, Brent crude futures were trading near $98 per barrel, down 5%, while West Texas Intermediate (WTI) fell 4% to $97 per barrel. Natural gas on the Dutch TTF benchmark also declined by 6%, trading at €47 ($54.5).
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