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US oil benchmark plunges 7% on Trump's two-week delay on Iran attack
World News
07-04-2026 | 18:58
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US oil benchmark plunges 7% on Trump's two-week delay on Iran attack
The U.S. oil benchmark plunged nearly seven percent on Wednesday after President Donald Trump announced a two-week delay of his threatened mass wave of strikes against Iran.
A barrel of West Texas Intermediate (WTI) was trading around $105.12 at 2245GMT, just a few minutes after opening lower on hopes of a last-minute U.S.-Iran ceasefire agreement.
AFP
World News
United States
Donald Trump
Iran
Oil
Trump says he has agreed to suspend 'bombing and attack of Iran' for two weeks
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