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BREAKING LIVEvia wsj.comPolitics

Oil slides more than 3% as Trump downplays new Iran strikes

FROM THE WIRE · WSJ.COM

Trump said in an interview with CNN Sunday that further strikes on Iran were highly unlikely as long as negotiations over Tehran's nuclear program and the reopening of the Strait of Hormuz made progress.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA drop of over 3% in oil matters for energy, inflation and commodity markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Trump told CNN further strikes on Iran are highly unlikely.
  2. 02The assessment depends on progress in talks over Tehran's nuclear program.
  3. 03Reopening of the Strait of Hormuz is another key factor cited.

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