Oil prices fall after Trump hails 'very productive' US-Iran talks at UN
Oil prices fall after Trump hails 'very productive' US-Iran talks at UN Oil prices fell on Wednesday after President Donald Trump said US and Iranian representatives had met for "very good" talks at the United Nations. The international benchmark, Brent crude, and main US contract, West Texas Intermediate, dipped to $98.91 and $89.93 per barrel respectively in early Asian trade -- well below the…
Oil prices fell on Wednesday following President Donald Trump's claim that US and Iranian representatives held very good and productive talks at the United Nations. The international benchmark, Brent crude, and the primary US contract, West Texas Intermediate, dropped to $98.91 and $89.93 per barrel respectively in early Asian trade - significantly below the $100 threshold they had surpassed repeatedly since the Middle East conflict began in February.
Trump announced the meeting's success during a visit with Ukrainian President Volodymyr Zelensky, stating that another discussion between the two nations was set for the near future. Trump's remarks came shortly after he delivered a provocative speech at the UN, where he hinted at the possibility of either making a deal with Iran or swiftly destroying the Islamic Republic.
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