The price of oil fell after the U.S. retreat on Iran

After oil prices hit a one-month high following US statements about Iran, we now seeing a decline in global oil after the US retreat.

Global crude oil prices hit a lower level the last hours of the night on 25, 140, with a drop of approximately %.

Last week, oil reached a one-month high, which some economic sources attribute to Trump’s interfering about Iran.

The price of WTI crude oil fell to $59.64 per barrel and Brent oil $63.92 per barrel This drop intensified market concerns about tensions the Middle East.