Oil Declines After Trump Says He Called Off Strike on Iran


Brent dropped below $110 a barrel, after gaining 2.6% on Monday, while West Texas Intermediate for July was below $103. Trump said in a social media post that the leaders of Saudi Arabia, Qatar and the United Arab Emirates asked “to hold off on our planned Military attack of the Islamic Republic of Iran, which was scheduled for tomorrow, in that serious negotiations are now taking place.”



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