Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live
Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in November Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. We’re seeing a dip in oil prices this morning, with Brent crude down about 1% at $103 per barrel , following another momentary pause in US attacks on Iran.…
Oil prices experienced a decline on Friday as President Donald Trump made a promise to refrain from attacking Iran in the lead-up to the US midterm elections in November. The situation unfolded amid productive discussions between the US and the Islamic Republic of Iran. Despite Iran's dire economic and military circumstances, the blockade imposed on the nation remains in full force, with a record 22 million barrels of oil passing through the Hormuz Strait on the previous night alone – none of which were bound for or originated from Iran.
Trump assured that there would be no attacks on Iran prior to the November 3rd midterm elections, emphasizing, "Iran will not have a nuclear weapon!"
Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- WTI slips below $90.50 as Trump signals no pre-election strike on Iran fxstreet.com
- Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying? economictimes.indiatimes.com
- Oil falls as Trump comments on Iran talks ease supply concerns brecorder.com
- Oil falls as Trump comments on Iran talks ease supply concerns investing.com
- Tucker Carlson on Trump, treason, the Iran war and why he admires the GCC arabianbusiness.com
- Trump says US won’t attack Iran before midterm elections moneyweb.co.za
- Oil falls as Trump comments on Iran talks ease supply concerns channelnewsasia.com
