Crude Oil Slumps Over 6% to $82.4 on Hopes of Iran Deal After Trump Announcement

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3 August 2026 at 1:39 pm

Crude Oil Slumps Over 6% to $82.4 on Hopes of Iran Deal After Trump Announcement

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Summary

Crude oil prices slumped, with Brent crude futures falling over 6% to $82.41, following hopes of an Iran deal. This drop occurred after US President Donald Trump announced that talks with Iran would take place on Monday.

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