Oil Prices Plunge To Three-Week Low As Trump Calls Off Iran Strike And Eyes New Deal
West Texas Intermediate crude futures dropped more than 6% to $79.10 per barrel on Monday, while Brent crude futures fell more than 5% to $82.99 a barrel. The sharp selloff came after President Donald Trump announced he had called off a planned military strike against Iran following diplomatic outreach from Tehran and regional allies. Trump…