Oil prices fall after Trump says Iran war will be short lived, US will remove oil-related sanctions
Crude oil prices slumped nearly 10% on Tuesday morning after US president Donald Trump indicated the Iran war could be short-lived and signalled the possibility of easing oil-related sanctions on some countries.
At 8:15 AM, the April Brent contract on the Intercontinental Exchange was trading at $89.36 per barrel, down 9.70% from its previous close.
