Commodities
Oil Prices Drop After Trump Rejects Iran's Truce Offer
A recent market survey by DAILY POST showed that crude oil prices dropped after Monday's spike. The Brent and West Texas Intermediate (WTI) crude blends declined to $105 and $92 per barrel, respectively, on Tuesday.
This decline follows a jump in crude oil prices over the weekend due to reports that US President Donald Trump had rejected Iran's offer for a seven-day truce at the 81st United Nations General Assembly.
Trump reportedly told reporters outside the White House, 'I reject their proposal.'