Oil prices were down in international markets by as much as 3% today, after Donald Trump said “the killings” in Iran “are over,” as well as the U.S. president’s choice to remain vague about the possibility of a U.S. military operation against the Islamic Republic.
Around 04:00 (GMT), a barrel of North American WTI was down 3% at $60.16, while North Sea Brent was down 2.87% at $64.61.
Prices had risen sharply in recent days due to escalating tensions in Iran, which has been wracked by massive protests that have been violently suppressed, and Washington’s threats to Tehran.
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