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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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Reliance on energy imports exposes Japan to volatility and could delay interest rate rises
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President Trump insists the conflict will be brief, but world leaders are preparing for severe economic blowback.
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