Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz

Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz is one of the latest updates being tracked by Novexa News from Dawn Business. Oil prices tumbled more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would reopen the Strait of Hormuz. Brent crude futures slid $4.49, or 5.11 per cent, to $83.44 by 0408

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Source: Dawn Business via dawn.com - https://www.dawn.com/news/2020327/oil-tumbles-as-trump-cancels-attack-on-iran-to-reach-deal-aimed-at-reopening-hormuz