Oil drops over 4% after Trump calls off planned strike on Iran

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.

Source: Cnbc.com

Original source: https://www.cnbc.com/2026/08/03/oil-prices-today-wti-brent-hormuz-trump-iran.html

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