Trump's Iran Exit Comments Send Oil Prices Plummeting Below $100

Oil prices fell sharply after President Trump indicated the U.S. would exit the Iran conflict soon, despite ongoing supply disruptions in the Strait of Hormuz. The energy market reacted to the potential de-escalation of military tensions.

• Oil prices fell below $100 per barrel after Trump's comments on exiting the Iran conflict.
• U.S. West Texas Intermediate crude dropped 3.5% to $97.79, and Brent crude fell 4.8% to $98.56.
• The Strait of Hormuz remains largely closed, disrupting 20% of global oil flows.
• Iran's Revolutionary Guards announced attacks on U.S. companies, including Google, Microsoft, Apple, and Boeing.
• The U.S.-Israeli campaign against Iran has caused significant energy supply disruptions since February 28.
• Trump's remarks suggest a potential de-escalation, but military hostilities and supply issues persist.