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7 hours ago

Oil slides as Trump delays Iran strikes, signals peace talks

Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the prospects for a Federal Reserve interest rate hike.President Donald Trump on Sunday signaled he was holding off on ordering fresh strikes against Iran and said he did so because U.S. allies in the Middle East have reached the outline of an agreement to end the war, adding it would "include the Immediate, Complete and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran's nuclear threat."Trump indicated the negotiations would begin on Monday afternoon, which caused oil price...

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7 hours ago
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