Report: Trump Discussed Easing Iran Sanctions
LONDON (FT) -- Oil prices fell sharply on Wednesday, reversing early gains to trade 2 percent lower, after a report that U.S. President Donald Trump discussed easing sanctions against Iran.
Brent crude, the international benchmark, was down 1.88 per cent at $61.21 a barrel by 5pm London time, having earlier traded as high as $63.27 a barrel. US crude was down 2.06 per cent at $56.22 a barrel. The report by Bloomberg said Trump has discussed reducing sanctions against Iran this week.
Brent crude, the international benchmark, was down 1.88 per cent at $61.21 a barrel by 5pm London time, having earlier traded as high as $63.27 a barrel. US crude was down 2.06 per cent at $56.22 a barrel. The report by Bloomberg said Trump has discussed reducing sanctions against Iran this week.