Oil prices drop sharply after Trump moves to reassure markets over Iran war

Oil prices drop sharply after Trump moves to reassure markets over Iran war - short news


US president describes conflict as ‘very complete’, but threatens further strikes after Iran says it won’t allow ‘one litre of oil’ to leave Middle East while war continues

Middle East crisis live

Oil prices have tumbled from four-year highs, capping an extraordinary 24 hours in global markets after Donald Trump suggested the US-Israel war on Iran could end “very soon”.

Brent crude, the international benchmark, surged as high as $119.50 per barrel on Monday..


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source: The Guardian - 10.03.2026

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