Oil Falls After Trump Says War Will End 'Very Soon'
Oil tumbled after US President Donald Trump sought to calm markets by saying the Iran war will end soon. Brent and West Texas Intermediate both tumbled more than 10% before clawing back some losses, following a dramatic session on Monday that saw extreme price swings. Bloomberg's Stephen Stapczynski reports.
More from Australia
Catalina Resources secures $2M Topdrill drilling agreement
Nanoveu cuts AI chip energy use by 56×
G8 Education receives $0.26 per share takeover offer
Santos doubles 2027 Western Australian drilling to two wells
Aristocrat Leisure posts 13% FY26 earnings growth
National Australia Bank to repay $169M to staff