Origin articleStored source

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal

LONDON, Aug 3 : Oil prices fell more than $4 a barrel on Monday after U.S. President Donald Trump held off a fresh attack on Iran as he sought a quick deal that would halt Tehran's nuclear ambitions and reopen the Strait of Hormuz.Brent crude futures fell $4.23, or 4.8 per cent, to $83.70 by 1011 GMT, having

CNA Latest News By CNA Aug 3, 2026, 10:30 AM Captured Aug 3, 2026, 11:22 AM

Read the original Read Bold's report

Captured text

Source excerpt

2,165 extracted characters

LONDON, Aug 3 : Oil prices fell more than $4 a barrel on Monday after U.S.

President Donald Trump held off a fresh attack on Iran as he sought a quick deal that would halt Tehran's nuclear ambitions and reopen the Strait of Hormuz.

Brent crude futures fell $4.23, or 4.8 per cent, to $83.70 by 1011 GMT, having retraced some losses from a three-week low hit earlier in the session.

West Texas Intermediate crude was at $79.60 a barrel, down $5.07, or 6 per cent.

Bold News stores the normalized extraction for evidence and analysis. This public wrapper shows a limited excerpt; use the original link for the publisher's complete presentation.