Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Trump Announces Iran Talks Amid Oil Price Plunge

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices plummeted on Monday in early Asian trade after US President Donald Trump announced fresh talks with Iran to end the Middle East war and reopen the Strait of Hormuz.

The war, which began in late February when the US and Israel attacked Iran, has caused oil prices to swing sharply as it effectively closed the waterway, a vital route for global oil and gas supplies.

Brent North Sea oil futures for September delivery fell 4.69% to $83.81, while West Texas Intermediate dropped 4.67% to $80.72.

More on Commodities

Commodities just now

Brent Price Drop Doesn't Impact India's Steady Fuel Rates Amid US-Iran Deal Optimism

Commodities 1m ago

China Data Lifts Global Markets as Oil Prices Soar

Commodities 1m ago

OPEC+ Increases Production by 188,000 Barrels per Day in September

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy