The Guardian - Good morning. Oil prices have dropped after
Donald Trump unilaterally declared that the US war on Iran was “effectively over”. During a White
House press conference, Trump said Israel and Gulf allies in the region were
well protected from Iran and that an escalation was not needed.
He said, however, that the US
remained “locked and loaded, ready to go for any reason”, adding: “We’re seeing
momentum toward the end of this conflict. I think it’s going to be ending
fairly soon.” Brent crude has dropped below $90, its lowest level since August.
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