US Pauses Iran Strikes, Crude Oil Prices Plummet
Crude oil futures plummeted on Monday after the United States abruptly suspended its campaign of air strikes against Iran over the weekend.
President Trump stated that the two countries are engaged in 'good talks' to end the conflict.
The U.S. decision to pause its military action led to a significant decline in crude oil prices, with benchmark futures dropping to their lowest levels in more than a week.