FILE PHOTO: A tanker carrying U.S. crude for Cosmo Oil arrives off Chiba, inside Tokyo Bay, Japan, after transiting the Panama Canal, April 26, 2026, in this photo taken by Kyodo. Mandatory credit Kyodo/File Photo

Brent Crude Oil fell 75 cents, or 0.75%, to $97.57 a barrel on Monday after United States President Donald Trump downplayed the likelihood of fresh strikes on Iran.