Quartz·1 min read·easy

Oil prices plummet as Trump calls off Iran strike and restarts talks

Cris Tolomia
AI Summary

Oil prices experienced a sharp decline following President Trump's announcement that he has suspended planned military strikes on Iran. Diplomatic talks between the nations are scheduled to resume on Monday.

Trump said talks would begin Monday after Iran and other countries asked him to pause any new attacks in the five-month-old conflict

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