Oil Plunges as Geopolitical Risks Ease and Commodities Sell Off
Oil plunged as geopolitical risk premiums faded after US President Donald Trump said Washington is talking with Iran, while it also got caught up in a broader commodities selloff.
By Nicholas Lua · Bloomberg Markets
Oil plunged as geopolitical risk premiums faded after US President Donald Trump said Washington is talking with Iran, while it also got caught up in a broader commodities selloff.