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Oil Prices Today: Trump’s Iran Move & Market Impact

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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

11:00 AM

105.61

TRUMP STATEMENT

↓ -7.17

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