The price of a Brent barrel has fallen by more than 6%, to $92
The day before, Brent's barrel had reached $120, but after Trump declared the war against Iran "almost over," the price of oil has fallen.
The price of oil has fallen by more than 6% at the beginning of the day, after the 29% rise caused by the Iranian war the day before and the Brent barrel was around $120.
At 7:00, the price of the Brentbarrelhas fallen to $92.44 .
Yesterday, the Brent barrel reached almost $120, up 29%.
However, after US President Donald Trump assured us that the war in Iran "is almost over," markets relaxed, and at the end of the day the price of a Brent barrel rose 6.76%.
In an interview with CBS TV, he also stressed that he is considering taking control of the Straitof Hormuz because it is "essential" for the world economy.