Oil Prices Plummet After Trump's Weekend Threats and Ceasefire Promises
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Oil prices dropped sharply following weekend statements by Donald Trump that mixed threats with promises of a ceasefire. Brent crude, which had spiked above $111 per barrel, fell to $107.50 per barrel as markets reacted nervously to the mixed messaging. The volatility reflects investor uncertainty about how Trump's conflicting signals regarding military action and diplomatic resolution might affect global energy supplies and geopolitical stability in oil-producing regions.