Oil price today: Rates slide 3% after Trump’s Iran remarks; here’s how much Brent and West Texas Intermediate crude cost

Global oil prices fell sharply on Thursday after comments from US President Donald Trump eased worries about unrest in Iran and possible disruptions to crude supplies.

West Texas Intermediate crude fell 3.0% to $60.16 a barrel, while Brent slipped 2.93% to $64.57. The decline came after Trump said he had been informed that the killing of protesters in Iran had been halted.

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