Oil Drops as Trump Signals Iran Strike Decision Within Two Weeks
Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the US.
Brent tumbled as much as 4.2% to trade below $76 a barrel, the loss deepening after Reuters reported Tehran is ready to discuss limitations on its uranium enrichment. Iran's Foreign Minister Abbas Araghchi is scheduled to meet counterparts from the UK, France and Germany later Friday in Geneva. Those talks will be 'limited to nuclear and regional issues,' he said in an interview with state television.
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