Trump's Iran Halt Sends Oil Prices Plummeting to $105 Per Barrel
US President Donald Trump's decision to halt planned attacks on Iran has led to a sharp fall in international oil prices. The news came as a relief for Africa, where oil prices have been rising sharply due to tensions in the Middle East.
The price of Brent crude fell to $105 per barrel after Trump announced that he had ordered American forces to pause their planned strikes against Iranian energy plants. This decision was made citing progress towards a deal to end more than five months of fighting in the Middle East.