Iran vs US: Global crude oil prices drop

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Global crude lipid prices dropped contempt the airstrikes’ resurgence betwixt the United States and Iran.

Checks by DAILY POST showed that Brent and West Texas Intermediate crude declined by 2 percent to $76 and $71 per barrel, respectively, astatine the clip of reporting from $77 and $73.

The respite successful planetary lipid prices connected Thursday comes aft US President Donald Trump had earlier announced an extremity to the ceasefire with Iran, which led to a terms spike connected Wednesday.

Recall that connected Wednesday, the Trump-led US launched caller deadly airstrikes against Iran. Thereafter, successful a retaliatory strike, Iran deed US allies Bahrain, Kuwait, and Qatar.

Iran vs US: Global crude lipid prices drop

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