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The Nexus
BUSINESSAug 3 · 08:44 UTCGUARDIAN USJulia Kollewe

Oil prices plunge and Europe’s stock markets rally after Trump calls off Iran strikes

Oil prices fell sharply and European stock markets rallied after US President Donald Trump canceled planned strikes on Iran to prioritize negotiations for a Middle East peace deal. Brent crude dropped 5% to $83.50 per barrel, with US West Texas Intermediate falling over $5 to $79.47 a barrel.

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Donald TrumppersonIranplaceBrent crudetopicUS West Texas IntermediatetopicMiddle East peace dealtopicEuropean stock marketsplace
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