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Oil falls 5% after Iran signals it would suspend attacks
The reported stance links Iran’s attack halt to whether the United States maintains a pause in hostilities.
Oil prices fell sharply, dropping about 5%, after Iran reportedly indicated it would suspend attacks as long as a U.S. pause in hostilities remains in place, CNBC Markets reported.
The move drove the decline by tying Iran’s actions to the status of the U.S. pause, according to CNBC World.
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