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Iran’s Araghchi seizes on Trump video, says US president realises most Americans are ‘disgusted with Israel’

Abbas Araghchi responded after Donald Trump linked Republicans’ midterm losses to the Iran war and growing “dislike” for Israel among US voters.

Iran’s Araghchi seizes on Trump video, says US president realises most Americans are ‘disgusted with Israel’

Global crude oil prices experienced a significant drop following U.S. President Donald Trump's announcement that he ruled out a fresh attack on Iran. In an interview with CNN, Trump expressed doubt about the likelihood of renewed conflict with Iran, stating that a fresh attack on Iran is "highly unlikely," prior to a meeting with Qatar's prime minister on Monday.

He, however, cautioned that his decision is contingent upon the outcome of a "very strong agreement." Following his remarks, crude oil prices plummeted by nearly 2 percent. According to a market survey by DAILY POST on Monday morning, Brent and West Texas Intermediate (WTI) crude fell by 1.86 percent and 1.22 percent, respectively, to $89.72 and $96.49 per barrel.

The decline in global crude oil prices may lead to a reduction in domestic petroleum product prices, potentially offering relief to economies, including Nigeria. Despite continuing to generate higher crude oil revenues amid the Iran war, Nigeria's domestic fuel prices have remained elevated. Currently, fuel prices are N1,325 and N1,420 per liter in Abuja and its environs, respectively.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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