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The Nexus
BUSINESSAug 3 · 08:44 UTCTHE GUARDIAN WORLDJulia Kollewe

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

Oil prices fell sharply and European stock markets rose after US President Donald Trump cancelled planned Iran strikes to prioritize peace deal negotiations. Brent crude dropped 5% to $83.50 a barrel, while US West Texas Intermediate fell over $5 to $79.47 a barrel.

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Donald TrumppersonIranplaceBrent crudetopicUS West Texas IntermediatetopicEuropeplaceMiddle East peace dealtopic
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