MAEXO
geopoliticsbearishBRENTPublished Aug 3, 2026, 6:00 AM

Trump Cancels Iran Strikes for Nuclear Deal Talks

Trump Cancels Iran Strikes for Nuclear Deal Talks
US President Trump called off planned strikes on Iran to pursue a nuclear deal, leading Brent crude futures to tumble toward pre-war levels around $70 per barrel after months of conflict disruptions via the Strait of Hormuz.

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