Oil prices ease as Trump predicts quick end to Iran war

Brent crude fell to $110.40 as President Trump signaled a quick end to the Iran war. Markets remain wary of supply risks despite the ongoing peace negotiations.

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Brent Crude Oil futures fell 0.8% to $110.40 a barrel after Donald Trump claimed the conflict with Iran would end quickly. Prices retreated from recent highs as the United States and Iran reportedly made progress in peace negotiations. For investors, the volatility reflects a market balancing immediate supply disruptions against the potential for a diplomatic breakthrough.

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