Oil Prices Fall 5% After Trump Says Iran Talks Proceeding in a 'Constructive Manner' The recent 5% drop in oil prices following President Trump's statement on Iran talks should be viewed as more than just a fleeting market reaction.
Beneath the surface, it reveals the precarious nature of global supply chains and the delicate dance between geopolitics and energy markets. Crude oil futures fell to $91.
65 per barrel, while Brent futures lost ground to $98. 30.