Oil drops over 4% after Trump calls off planned strike on Iran | Blerbz

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/Oil drops over 4% after Trump calls off planned strike on Iran

Oil drops over 4% after Trump calls off planned strike on Iran

August 2, 2026 at 11:33 PM

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.

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