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Oil prices crashed almost 14% after Trump's statement on Iran

23.03.2026 / 14:29

Nashaniva.com

The fall was to 92 dollars per barrel.

The price of June Brent crude futures on the London ICE exchange fell by 13.65% to $91.89 per barrel at 14:08. By 14:23 Moscow time, the decline slowed to 5.84%, and quotes bounced back to $100.2 per barrel.

The market reacted to the statement by US President Donald Trump. He ordered a five-day restriction on any military strikes against Iranian power plants and energy infrastructure to continue negotiations with the country.

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