Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz
- Posted on August 3, 2026
- By Dawn
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- 1 min read
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Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz
Brent crude futures slides 5.11pc to $83.44 a barrel while US WTI crude reaches $79.77 a barrel, down 5.79pc.
