Oil Falls After Trump Says War Will End 'Very Soon'

Source: Bloomberg Politics · Bias: Center

Summary

Oil tumbled after US President Donald Trump sought to calm markets by saying the Iran war will end soon. Brent and West Texas Intermediate both tumbled more than 10% before clawing back some losses, following a dramatic session on Monday that saw extreme price swings. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

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Oil Falls After Trump Says War Will End 'Very Soon'
Bloomberg Politics

Oil Falls After Trump Says War Will End 'Very Soon'

Center

Oil tumbled after US President Donald Trump sought to calm markets by saying the Iran war will end soon. Brent and West Texas Intermediate both tumbled more than 10% before clawing back some losses, following a dramatic session on Monday that saw extreme price swings. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)