Oil Prices Tumble Under $100 per Barrel as Trump Hints at Reopening Talks With Iran

Saudi Arabia applauded the announcement of possible negotiations.

Oil Prices Tumble Under $100 per Barrel as Trump Hints at Reopening Talks With Iran

TL;DR

  • Oil prices decreased on September 21st, with WTI crude falling below $93 per barrel.
  • Brent crude also saw a drop, trading below $100 per barrel before a slight recovery.
  • The price drop is linked to President Donald Trump's suggestion that he might consider a deal with Iran.
  • Trump indicated that significant developments concerning Iran could occur in the near future.