Trump Cancels Iran Attack Plans, Oil Prices Plummet

Oil prices plummeted on Thursday after US President Donald Trump announced that he had cancelled plans to attack Iran in favor of negotiating a nuclear deal.

The unexpected development sent shockwaves through global markets, with oil prices tumbling as investors scrambled to reassess the situation.

According to reports, Trump's decision came after Iran released 7 US Navy personnel it had been holding captive. This move has sparked hopes that a nuclear deal could be reached, potentially leading to a relaxation of tensions in the region.

The news sent shockwaves through the energy market, with prices for assets such as CNERGY and CSIL experiencing significant increases. In contrast, other assets like MLCF and TRG saw decreases in their prices.