2 sourcesUpdated
Trump says attacks on Iran unlikely if talks progress
US President Donald Trump stated it is highly unlikely he will order new attacks on Iran, provided negotiations over Tehran's nuclear program and the Strait of Hormuz progress. Despite hints of renewed military action post-elections, there has been no large-scale US military operation.
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Summary
Brent was down 64 cents, or 0.64%, to $97.67 a barrel by 1134 GMT while West Texas Intermediate (WTI) fell 35 cents, or 0.40%, to $90.51 a barrel. Brent briefly fell over $1 a barrel. "The answer is, highly unlikely it's going to be necessary." Trump had hinted at renewing major attacks on Iran after last week's US midterm elections, but there has been no sign of a large-scale US military operation.
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