US oil prices fall below $85/barrel as Trump downplays Iran strike necessity

Chronological Source Flow

Back

AI Fusion Summary

Oil prices fell below $90 a barrel after President Trump downplayed the need for a strike on Iran, pushing Brent crude to its lowest level since late August around $89.66. The easing of geopolitical tensions helped global stocks recover from recent sell‑offs, with markets climbing on relief that the Iran conflict is seen as effectively over.