Trump's 5-day delay in striking Iranian energy facilities triggers international oil price crash and market reaction
International oil prices WTI and Brent crude dropped sharply by more than 13% after US President Trump announced a five-day postponement of military strikes on Iran's power plants and energy infrastructure. The move eased fears of an escalation in the Middle East, with global stock markets rebounding, the dollar weakening and bond yields falling. Iran has denied direct contact with Trump, calling his move a delay.