Oil tumbles as Trump cancels attack on Iran to reach deal aimed at reopening Hormuz
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
10/20
Brand Signal
14/15
Depth
4/15
5-Axis Cultural Radar
Oil prices tumbled more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would reopen the Strait of Hormuz. Brent crude futures slid $4.49, or 5.11 per cent, to $83.44 by 0408 GMT while US West Texas Intermediate crude was at $79.77 a barrel, down $4.90, or 5.79pc. Both contracts jumped more than 20pc last month after
