Oil prices have decreased due to Trump's comments regarding discussions with Iran.

➡️ President Donald Trump has said that discussions with Iran are still ongoing. Following his comments, oil prices in the international market have decreased slightly.

➡️ Reuters reports that although there is still uncertainty regarding the discussions, Trump's statement has somewhat eased market concerns.

After Trump's comments, the price of Brent crude oil decreased slightly.

Previously, oil prices had increased due to continued disruptions to shipping in the Strait of Hormuz.

Source: Reuters