Oil price falls and markets rally after Trump says Iran war over in ‘two to three weeks’
by Lauren Almeida from World news | The Guardian on (#74MVS)
US president's claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia
Oil prices tumbled and stock markets have rallied across the world after Donald Trump said the war in Iran would end in two to three weeks".
Brent crude, an international benchmark for oil, fell as low as $98.35 a barrel on Wednesday, down more than 15% on the previous day and its lowest level in a week. It later recovered some ground, down 2.5% on the day at $101.
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