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Oil Drops as Trump Signals Iran Conflict Near End: Markets Wrap BloombergOil extends slide as investors assess Trump comments on Iran war, Strait of Hormuz CNBCOil prices fall and stocks rise after Trump says Iran war 'very complete' BBCThe 24 Hours When Oil Markets Went Wild WSJThe Wild 24-Hour Rise and Fall of Oil Prices The Atlantic
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The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was "very complete."
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Stock futures fall as traders weigh Trump's signal that Iran war may soon end: Live updates CNBCLive updates: Iran's next supreme leader is named as oil prices soar CNNIran Live Updates: After Global Economy Shudders, Trump Zigzags on Whether War Is Nearing End The New York TimesIran war may end ‘pretty quickly': What Trump told Republicans Al Jazeera
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World leaders are scrambling to confront the surging cost of oil, as its fallout also threatens to revive inflation in an array of other products.
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