Trump Abruptly Halts Iran Attacks, Crude Oil Prices Plummet

The global energy market took a hit after President Donald Trump announced that he was halting planned attacks against Iran. The decision came after requests from Iran and other Middle East countries, which has led to speculation about the US's military readiness.

WTI crude oil prices dropped sharply on Hyperliquid, falling to $81 with a 24-hour volume of $181 million. Brent, the global benchmark, also plummeted to $83, down significantly from its high of $100 last month.

The sudden change in Trump's plans has sent shockwaves through the market, causing oil prices to plummet. The situation is known as TACO (Trump Always Chickens Out), with some analysts speculating that the US may be backing down due to pressure from Gulf allies.