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

Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes is one of the latest updates being tracked by Novexa News from The Guardian Business. Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume Business live – latest updates Crude oil prices fell sharply while stocks and government bonds rallied on Monday after Donald Trump cancelled planned strikes on

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Source: The Guardian Business via theguardian.com - https://www.theguardian.com/business/2026/aug/03/oil-prices-fall-europe-stock-markets-donald-trump-iran-us-brent-crude