Economy Politics Local 2026-04-01T17:39:59+00:00

Oil Price Drops to $100 After Trump and Iran Statements

The price of oil fell to $100 after statements from Trump and Iranian officials about a potential end to the war. Brent crude dropped by 3%, easing market tensions.


Oil Price Drops to $100 After Trump and Iran Statements

Buenos Aires, April 1 (NA) – The price of a barrel of oil has dropped to $100 following recent statements from Donald Trump and Iranian officials indicating negotiations that could bring the war to an end. Brent crude has fallen by 3% and is fluctuating between $100 and $101 per unit, which also creates a more relaxed climate in international markets.

All eyes are on the liberation of the Strait of Hormuz and the resumption of ship traffic to normalize the oil supply.