Oil Prices Fall After Trump Pauses Planned Iran Strike

OilPrice.comMay 19, 2026 at 1:44 AM

Oil prices dropped in early Asian trade on Tuesday after President Trump said he had paused a planned military strike on Iran to allow negotiations to continue. At the time of writing, Brent front-month futures were trading at $109. 70 per barrel, down 2.

11%, while West Texas Intermediate front-month futures were changing hands at $102. 80, down 1. 55%.

This is a summary. For the full story, read the original article at OilPrice.com.

Original source: OilPrice.com

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