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Oil prices drop as Trump backs away from his threat of strikes on Iran

Economy MarketWatch By Myra P. Saefong 11 Jun 2026 18:34 1 min read
Oil prices drop as Trump backs away from his threat of strikes on Iran

Oil prices dropped Thursday after President Donald Trump said he was canceling planned fresh strikes on Iran, pulling back from his threat earlier in the day.

Oil prices dropped Thursday after President Donald Trump said he was canceling planned fresh strikes on Iran, pulling back from his threat earlier in the day.

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