Oil Prices Volatile After Trump Announces Halt to Potential Strikes on Iran
MARKETS // LIVE UPDATES
BRENT CRUDE ($/barrel)
Oil prices experienced significant swings on Monday following an announcement from President Donald Trump regarding potential military action against Iran. After an initial sharp decline triggered by Trump’s earlier statements, the price of oil reversed course and steadily climbed throughout the afternoon, ultimately stabilizing around $103.54 per barrel by 7:00 PM. Despite the rebound, prices remain below levels seen earlier on Monday.
TIMEPRICEHOUR CHANGE
MARCH 24
MARCH 23
105.61
TRUMP STATEMENT
↓ -7.17