Oil prices dropped significantly after reaching three-year highs, as President Trump suggested the Middle East conflict could end soon. This eased fears of prolonged supply disruptions, despite earlier surges driven by war concerns and production cuts. Market analysts anticipate continued volatility in oil prices.
Oil jumps 3% after US, Iran escalate strikes in Mideast
Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes