Reversing yesterday’s surge, crude oil prices have plunged on Thursday after U.S. President Donald Trump recalled his earlier orders to attack Iran hard.
WTI Crude Oil for July month delivery was last seen trading down by $2.81 (or 3.12%) at $87.22 per barrel.
The U.S.-Iran war entered day number 104 today.
Days before, U.S. President Donald Trump assured that a U.S.-Iran deal will materialize in a couple of days and stated that the Strait of Hormuz will reopen quickly.
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Market Analysis
Crude Oil Plummets As Trump Confirms Iran Signing A Peace Deal
2026-06-11 18:39:50
