Oil prices fell sharply on Monday, with Brent crude dropping
more than $7 a barrel in post-settlement trading after US President Donald
Trump signaled reluctance to launch fresh attacks on Iran, raising hopes of
progress toward ending the conflict.
Brent crude futures settled down $5.75, or 5.85%, at $92.57
a barrel. Prices continued declining after settlement, falling more than $7. US
West Texas Intermediate (WTI) crude futures dropped $3.98, or 4.38%, to settle
at $86.85 a barrel. They...